Hoyer UK MD Mark Binns has said he is “confident” this year will be better than last after the firm reported widening losses for the 12 months to the end of December. Turnover at the bulk chemical and foods business slumped 11% during 2014 to just under £28.4m (2013: £31.9m) while pre-tax losses swelled over 50% to £2.2m (2013: £1.45m). Commenting on the performance of the firm, which runs artics for UK work and intermodal tank containers for its international […]
Food logistics specialist Associated Cold Stores and Transport (ACS&T) took a pre-tax profit hit last year after a major customer terminated a contract with the company.
The logistics sector has suffered its biggest fall in confidence since 2015 as concerns grow about the possible impact of Brexit.
The haulage industry gave a warm welcome this week to reports that prime minister Boris Johnson is planning to cut fuel duty for the first time in nine years.