Operators are calling for action against a rise in clients demanding extended credit terms, MT has learnt. Operators report some clients demand credit terms of up to 120 days, while others try to lock prospective suppliers into agreeing 60-day credit terms as a condition of com-pleting electronic tenders. Bullet Express MD David McCutcheon told MT the problem is on the rise. “We’re having issues with major clients that are extending or requesting credit terms as long as 90 days. They’re […]
The industry needs to re-examine its relationship with its customers if it is to end the rate squeeze, according to Bullet Express MD David McCutcheon. Responding to news last week that despite growth in the pallet sector, rates remained under acute pressure, McCutcheon said: “As a haulier of more than 22 years, rates have never been better for clients.” McCutcheon, who is a Pall-Ex member and has a 50-strong fleet of vehicles, said: “While pallet networks remain invaluable to hauliers, […]
Expect Distribution has signed a three-year warehousing and distribution deal with online retailer Stores Direct, expanding the scope of the eight-year relationship between the two parties.
TNT Express is still processing parcels manually nearly a month after it was hit by a worldwide cyber attack, and has predicted it may not be able to recover the data lost in the incident.