A shortage of suitable subcontractors contributed to a squeeze on margins at automotive logistics specialist Brit European Transport in its last financial year. Despite continued growth in sales in the year to the end of December 2014, the availability and cost of using subcontractors was “a major factor” in pressure on margins, a spokesman for the firm told Motortransport.co.uk. “There is a distinct shortage of good quality subcontractors who are able to meet our and our customers’ stringent quality and […]
Royal Mail Group has turned a loss into a profit in its UK letters and parcels arm as it revealed details behind its strategy to develop into a more parcels-focused business ahead of its planned privatisation. The Group’s first half profit for the six months ending 23 September leapt to £99m, from a loss of £41m in the same period a year ago. This came mainly as a result of a 5.6% rise in parcel volumes which now accounts for […]
Eurotunnel’s freight traffic volumes remained almost static in the Q3 2015, despite a summer of troubles in the port of Calais and further reports of “desperate” migrant activity in past days.
With Widdowson Logistics in administration once more, Motortransport.co.uk revisits the events that lead to the operator’s pre-pack in July 2016. Although incorporated in 1975, business conducted by former coal merchant AM Widdowson & Son can be traced back more than 100 years. Like any haulage firm with a few years on the clock there’s been plenty of ups and downs, but for this Leicestershire outfit it’s been a particularly breathless few years. A stricken AM Widdowson was kept on the […]