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 […]
Wincanton’s share price is trading at its highest level in a year, and despite a fall in turnover the 3PL’s operational strength appears to have pleased its critics, for now at least.
The holding company for Eddie Stobart said revenues had increased by 2% for the year ending 30 November 2020, to £874.3m.
Devereux Developments, which trades as Devereux Transport and Distribution, fell into the red last year following a “slight” fall in turnover, according to its latest annual results.