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 […]
Volvo is offering hauliers the opportunity to defer fees for the first three months and take an annual two-month payment holiday in an effort to help them keep fleets rolling.
Profits at S&S Distribution rose almost 86% last year, as the Kent-based family firm placed emphasis on offering an “excellent service” to its customer base.
Prime Minister Boris Johnson has pledged £100m of investment aimed at improving local roads as part of a bid to reignite the economy in the wake of the Covid-19 pandemic.