Challenging market conditions led to a £1.3m fall in turnover at Fred Sherwood & Sons (Transport) last year. The Leicestershire family firm reported a £33.4m turnover in the year ending 31 March 2018, down 3.7% compared with 2017’s £34.7m. Pre-tax profit was £2.6m (2017: £671,688) but the haulier said the increase was due to receiving a £2m dividend from a subsidiary company. In its review of the business, Fred Sherwood & Sons (Transport) said the fall in revenue had occurred […]
The government has launched the Trader Support Service this week which aims to help Northern Ireland firms deal with the red tape created by the new Irish Sea border, which comes into force when the UK leaves the EU on 1 January next year.
Kuehne + Nagel said demand for domestic European transport had broadly improved to pre-crisis levels following a significant decline in order volumes in April and May.
Highlands haulier Ferguson Transport (Spean Bridge) has bought Skye Transport (Crossal) for an undisclosed sum.