“We could be facing an Armageddon of liquidations,” claims major logistics operator


 

A senior figure at one of the UK’s biggest logistics operations has admitted the impact of the COVID-19 pandemic could see businesses face “an Armageddon of liquidations” and a future based on “the survival of the fittest”. The source predicted many transport and warehousing companies with the right strategy would survive the crisis but that it would be “the last nail in the coffin for high street retail”. “We fully expect that some of our fashion customers will never open […]