Optimism in the logistics sector is at its lowest level in 12 years, according to the latest Logistics Confidence Index, with companies citing uncertainty over Brexit and the ongoing driver shortage as key contributors to falling levels of confidence. The index, produced by Barclays and BDO, is based on a survey of more than 100 logistics industry leaders. It assesses respondents’ confidence in the sector using a score from nought to 100. Any number over 50 indicates an improvement, whilst […]
The cabotage rights of EU hauliers in the UK could be suspended if the EU does not agree to allow UK hauliers continued access to Europe in the event of a no-deal Brexit, the UK government has warned.
The sale of its Palletforce shares after the purchase of the pallet network last year by EmergeVest sent Farrall’s’ profit soaring in 2015.
Royal Mail Group has turned a loss into a profit in its UK letters and parcels arm as it revealed details behind its strategy to develop into a more parcels-focused business ahead of its planned privatisation. The Group’s first half profit for the six months ending 23 September leapt to £99m, from a loss of £41m in the same period a year ago. This came mainly as a result of a 5.6% rise in parcel volumes which now accounts for […]