Road freight sector outperforms wider logistics sector


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 […]