Fierce competition for southbound loads combined with rising operating costs saw Currie Solutions deliver a pre-tax loss for the second year in a row, its latest annual accounts show. The Dumfries-based haulier, which has a fleet of more than 250 trucks and 500 trailers, posted a pre-tax loss of £130,900 (2016: loss of £148,770) in the year to 31 December 2017. Turnover fell to £39.9m, down from £40.1m in 2016. In its strategic report to the accounts the company said […]
Almost a third of logistics companies fear new B2C delivery methods such as click and collect, viewing them as a threat to their businesses, according to a report by Barclays.
Boughey Distribution parent NWF Group saw turnover at the division drop 14.2% last year and operating profit halved, due to difficult market conditions and poor consumer spending in supermarkets.
Hoyer UK MD Mark Binns has said he is “confident” this year will be better than last after the firm reported widening losses for the 12 months to the end of December.