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 […]
Maritime Transport saw increases in its turnover and profits last year as it continued on its decade-long growth.
The UK cannot use the Northern Irish border as a “test case” for its future customs relationship with the EU, Brexit chief negotiator Michel Barnier has warned.
Hauliers are still facing serious issues travelling via Welsh ports to Ireland which is resulting in a major fall-off of trade through the ports, according to the RHA.