By the time the Beast from the East had done its damage and spring was finally making itself known, official figures showed that there had been 574 insolvencies in UK logistics during the first three months of 2018. This number, however, was an improvement on the previous quarter, prompting the Creditsafe Watchdog report for the period to announce that the industry had enjoyed “a great start to the year”. Inevitably, that was the cue for some high-profile collapses and disruption, […]
A senior figure at one of the UK’s biggest logistics groups has claimed the Covid-19 pandemic will lead to more multi-user transport operations as companies look to cut costs.
Brian Yeardley Continental is rising phoenix-like from near collapse, 14 months after it was forced to issue a company voluntary arrangement (CVA) after seeing its turnover plummet by 60% during the Covid-19 pandemic and lockdowns in the UK and Europe.
Knights of Old has come out fighting after landing a major new contract and vowing to overcome a difficult period that saw it record a “substantial” operating loss of £2.7m.