The loss of a major customer at the end of 2016, alongside increasing costs for drivers’ wages and fuel inflation, saw Foulger Transport head into the red in 2017. Newly published accounts for the year to 31 December 2017 show turnover declined by 2.4% year on year to £16.4m (2016: £16.8m) as a consequence of the loss. Furthermore, in its strategic report to the accounts it concedes that it was “slow to react to the loss of revenue” and that […]
Laser Transport International suffered a “savage” financial hit due to the devaluation of the pound in 2016 after the UK’s vote to leave the EU, newly published accounts show.
Welcome to the 2018 Motor Transport Power Players, the editorial team’s take on who will be the key influencers – including some of those who are up and coming in the industry rather than the established names – on the transport and logistics industry this year.
Wincanton saw annual turnover fall in the year ended 31 March 2019 but profit increase, thanks to a strong performance in retail that offset contract losses elsewhere.