Employment costs hit Meachers Global Logistics’ profit last year but the Southampton-based company has deeper concerns about Brexit, according to its chairman. For the year ending 31 May 2018, the logistics business, which is celebrating 60 years in business this year, reported turnover of £26.2m (2017: £26.1m). Pre-tax profit was down 4.5% to £1.9m (2017: £2m). However, chairman Bob Terris said he was happy with results given the pressure on employment costs and the fact that Meachers’ profit margin remained […]
Switch to unaccompanied freight model to avoid Brexit border delays at Channel Ports, says Peel Ports
Hauliers could avoid Brexit border delays at the Channel Ports by sending freight unaccompanied via other locations, according to Peel Ports.
The North East Freight Partnership wants to hear operator views on the impact Brexit will have on the logistics sector in the North East.
Saints Transport saw a dramatic drop in pre-tax profit in 2016, in a year that saw the company undergo a major fleet renewal and chairman Piers Carroll complete an MBO.