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” […]
What will Brexit mean for supply chains? How it will affect border crossings? What will it mean for the wider economy?
Employment costs hit Meachers Global Logistics’ profit last year but the Southampton-based company has deeper concerns about Brexit, according to its chairman.
Freight industry must not be ‘thrown to the wolves’ if government fails to deliver viable customs system
The road freight industry is in danger of being “thrown to the wolves” if the government fails to install a competent customs system in time for Brexit, the FTA warned this week.