Yodel rejects claims it may be seeking buyer

Tilbury, Essex-based logistics and freight forwarding firm Arcese UK has slumped into the red, but has vowed to increase both turnover and profit this year.

Creditors of NFT Distribution Operations have contacted Motor Transport, criticising the way its business and assets were sold and unhappy that it could take months before unpaid invoices are settled.

Leeds-based Bedfords Group has made “significant progress” in adding new streams of business, according to its latest results, despite recording a pre-tax loss of £221,415 last year.