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 […]
A weak pound combined with rising demand for cheap Chinese trucks in Commonwealth markets has hit profit at international haulier and truck sales firm EM Rogers.
Even if customs clearance is reinstated following Brexit, leaving the EU remains the best thing for the UK, according to Europa Worldwide Group MD Andrew Baxter.
NWF, the distributor of fuel, food and feed that owns Boughey Distribution, said trading for the three months since June had been in line with expectations, with net debt reflecting normal seasonal fluctuations.