Transport firms facing collapse in the wake of the Covid-19 pandemic have been thrown a lifeline in the form of a new law. The Corporate Insolvency and Governance Act, passed last week, marks the most significant change to the UK’s corporate insolvency regime in more than 20 years. Announcing the new law, the government’s Insolvency Service said it introduces “temporary easements to give distressed businesses the breathing space they need to get advice and seek a rescue”. It added: “It […]
A harsh economic climate, growing costs and rising customer resistance to rates increases all left Gloucestershire-based haulier CM Downton struggling to raise its profit level significantly, despite a 13.8% increase in turnover in the year to the end of June 2012.
International hauliers face “Armageddon” if no deal is struck in regards to Brexit, industry commentators have warned.
The UK Warehousing Association (UKWA) is inviting visitors to this year’s Multimodal exhibition to take part in an adapted ‘speed’ version of the Business on the Move board game, which is aimed at getting younger people interested in a career in logistics.