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 […]
Welch’s Transport saw profit fall in a year with an “uncomfortably high” turnover in operational staff, according to the firm’s latest annual results.
Independent parcel delivery network APC Overnight has announced an ownership restructure aimed at significantly expanding its existing share base.
Nagel Langdons is predicting a 10% permanent trading loss this year as it continues to feel the reverberations from the UK’s departure from the European Union and the Covid-19 pandemic.