The UK road transport sector saw a 20% surge in suppliers’ bad debts in the second quarter of 2017, according to the latest Creditsafe Watchdog Report. The report, which tracks quarterly economic developments across the transport sector, revealed bad debt owed to the sector leapt to £3.3m in Q2, up from £2.7m in Q1. In the same period, bad debt owed by the road transport sector increased 2% to just over £1m (Q1 2017: £998,190). The report reveals that while […]
XPO Logistics has won a national distribution contract with safety equipment manufacturer Arco, in a deal that will see it manage Arco’s £4m, 27,000m2 NDC in Hull.
NFT Distribution reported profit up but turnover down in its first trading year under the ownership of private equity backer EmergeVest.
XPO Logistics has begun providing UK distribution for Samsung Climate Solutions (SCS), handling last mile deliveries of its heating, ventilation and air conditioning products.