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” […]
Whatever form Brexit takes, the skills crisis facing the logistics industry is only going to get worse and the industry will be forced to invest in more automation, the president of the FTA Leigh Pomlett told the annual FTA Logistics Awards dinner last night (December 13).
The creation of a northern powerhouse hangs in the balance following the EU referendum result, unless international trade is addressed as a matter of urgency, the FTA has warned.
The SNP has attacked Chris Grayling, Secretary of State for Transport, for having no plan in place to ensure that international hauliers have access to the European single market that has “served logistics for nearly half a century”.