DSV Road saw its profit increase by more than a fifth last year, driven by a 7.3% increase in turnover. In its latest financial results, the freight forwarder, haulier and supplier of supply chain services reported turnover of £193.9m in the year ending 31 December 2017 in the UK, up from £180.7m the previous year. Pre-tax profit increased by 21.1% to £9.8m (2016: £8.1m). It put the rise in turnover down to an increased focus on new business and retention […]
Ferguson Transport and Shipping has furloughed 26 drivers and 14 staff following the launch of the government’s Coronavirus Job Retention Scheme portal this week, after being reassured payments for furloughed workers will arrive in the company’s bank account within six days of a claim being submitted online.
Creditors of Hull-based CJ Express could be left close to £1m out of pocket, according to the collapsed company’s statement of affairs.
The future of Hellmann Worldwide Logistics’ UK operation has not yet been ensured, with its German parent company still locked-in discussions with its lenders over a refinancing deal.