Laser Transport International suffered a “savage” financial hit due to the devaluation of the pound in 2016 after the UK’s vote to leave the EU, newly published accounts show. In its results for the year to 31 December 2016, the Hythe-based international freight company and former MT Haulier of the Year said the fall in the value of sterling after the EU referendum vote last June had created an “immediate and savage impact” on operating costs that “cannot be overstated”. […]
Maxi Haulage achieved a record turnover of £66.3m in 2018, but warned the impact of pre-Brexit stockpiling on its Irish operation will hit its current year’s trading.
Lloyd Fraser said it was in a strong financial position with healthy cash reserves after reporting a 3.4% increase in turnover last year.