The road freight sector put in a steady end of year performance in 2017, with sales, employment and wages up while the company failure rate fell. According to the latest quarterly Creditsafe Watchdog report, which looked at the performance of over 110,000 companies in the transport and logistics sector, sales rose in the road freight sector to £36b (Q3 2017: £35.7bn) while retained profit rose 5% to £387.4m (Q3 2017: £368.5m) . The road freight sector’s wage bill also continued […]
Unite has criticised Royal Mail for refusing to up a proposed pay increase, despite reporting a £608m profit in its latest results.
Logistics firm Amco Services (International) was sold in a pre-pack deal that cost its management team £143,000, according to new documents.