Haulage rates continued to stagnate during the first half of the year, new data from the Office for National Statistics (ONS) have suggested. According to the ONS’s latest Services Producer Price Indices report, which provides a measure of inflation for a range of service industries including haulage, average rates for freight transport by road in the UK at the end of Q2 2015 were just 4.7% above the baseline measurement at the end of 2010. The figure represents a slight […]
Fergytrux, the Cramlington-based holding company of Fergusons Transport, increased turnover by 2.2% last year, thanks to performance improvements and Brexit stockpiling.
The German parent company of logistics firm Hellmann Worldwide Logistics has pledged to back its UK division until “at least” September 2020, after the Lichfield-based firm saw its operating loss almost double last year.
Bulk haulage firm Fred Sherwood & Sons saw its pre-tax profit tumble by three quarters to £644,000 last year as the firm battled declining asset resale values, rising fuel prices and pay rate pressures.