Lloyd Fraser has warned that current trading conditions are challenging, but added it was too early to say what impact Brexit might have on its future performance. Reporting its annual results for the year to 31 August 2015 at Companies House, the Rugby-based firm revealed a 31% rise in pre-tax profits to £2.7m (2014: £2.1m). Turnover grew 9.1% year-on-year to £58.7m (2014: £53.8m). The directors said they were pleased with the group’s progress, adding that “healthy cash reserves and no debt” […]
A new system of managed migration will allow the road transport industry to recruit skills internationally after the United Kingdom leaves the European Union, Chris Grayling, Secretary of State for Transport, has assured operators.
The “sluggish” approach some hauliers are taking to preparing for Brexit is shocking, according to Morrison Freight MD Lee Steward.
Turnover at county Durham car transporter Beamish Transport plummeted by 20% in 2018 “arguably because of Brexit uncertainty”, according to its administrator.