Falls in the value of sterling in the wake of the EU referendum have continued to hit Laser Transport International, which saw its pre-tax profit plunge by 64% last year. In its latest results for the year to 31 December 2017, the Hythe-based company reported that whilst turnover had risen by almost 3% to £17.3m (2016: £16.8m), pre-tax profit plummeted to £16.6m (2016: £45.7m) in the period. In its analysis of the results, the Palletline member said that despite “robust” […]
Government plans to impose a 10% tariff on new trucks in the event of a no-deal Brexit will put £10,000 on the price and stall economic recovery, the RHA has warned.
Home delivery networks have seen a surge in business following the introduction of a third national lockdown, according to parcel comparison site ParcelHero.
Britain’s ‘imminent’ departure from the European Union may have sparked huge debate across the UK logistics sector, with concerns of significant challenges throughout the international supply chain, but Brexit could also be a catalyst for change for the better for the industry, according to Clugston Distribution director Tim Doggett.