The commercial vehicle finance sector reported a fall in new business of 32% in March, reflecting the measures taken by the government to deal with the coronavirus crisis. New figures released by the Finance & Leasing Association (FLA) also showed that the plant and machinery finance sector saw a reduction in new business of just under a quarter (23%), compared with the same month in 2019. IT equipment finance was the only asset sector to report growth in March, with […]
For hauliers who have been obliged to suspend or severely cut back on their operations because of the Covid-19 epidemic, a return to work probably cannot come soon enough. But as Jonathon Backhouse of Backhouse Jones solicitors told motortransport.co.uk, operators need to be aware of possible pitfalls in resuming their operations.
Sheffield-based DBL Logistics has predicted a record £3.5m turnover in its next financial year, following its expansion into a brand-new 33,500ft² Tinsley Park site.
The haulage industry fared better than most UK sectors during the second quarter of the year, with a slowdown much less pronounced than elsewhere, according to official figures.