The logistics sector defied the economic uncertainty surrounding Brexit with a fall in company failures in the third quarter of the year, according to a new report. Creditsafe’s latest quarterly review of the logistics sector shows that company failures have fallen from a high of 534 in the first quarter of 2018 down to 109 in the second quarter and 105 in the third. The largest company failure in the third quarter was the demise of Felixstowe-based warehousing and national […]
Interim results for Eddie Stobart Logistics (ESL) show that the troubled firm made a loss before tax of £199.8m in the six months ending 31 May 2019.
The MT Top 100 largest operators in the UK run on an average margin of just 2.6%, and this comes after the industry became more profitable in 2012.
Prestons of Potto was back in the black in 2013, according to its recently published accounts.