The road transport sector saw a significant leap in both the money it is owed by creditors and what it owes to suppliers and contractors during the first quarter of the year, new data from Creditsafe shows. While sales increased quarter-on-quarter by 1.3% to £36.6bn the sector’s retained profit slid in the same period by more than 11% to £343.4m. Bad debt increased significantly with a jump of 337% quarter-on-quarter in regards the money road transport operators are owed, which […]
Bath hauliers whose businesses suffer from the introduction of the city’s clean air zone (CAZ) next year will be able to apply to Shire Leasing for financial assistance.
UK Mail’s forced move to new premises has had a disastrous short-term impact on the business with full-year profit now expected to be half that achieved last year, the company warned today.
The collapse of British Steel stopped Prestons of Potto making a profit last year, but its owner said the Northallerton company was now back in the black.