Food logistics specialist Associated Cold Stores and Transport (ACS&T) took a pre-tax profit hit last year after a major customer terminated a contract with the company. Despite receiving a termination settlement payment of over £1m, the company’s pre-tax profits for the year fell to £1.8m (2018: £2.2m) with turnover falling to £25.5 (2018:£28.6m) in the same period. Reporting its latest annual results to 28 December 2019, the Maidstone-based company said the loss of the customer combined with a “change in […]
The HGV annual test model has failed to demonstrate resilience during the pandemic, prompting Logistics UK to call for a review of the system.
Logistics firms need to learn from the Covid-19 pandemic and guard against “knee-jerk reactions”, according to KPMG supply chain expert Maureen O’Shea.
Urgent reforms of HGV driving training, tests and apprenticeships needed to solve skills crisis, warns Logistics UK
Logistics UK is calling for the government to urgently tackle the driver shortage crisis by providing financial support for HGV driver training, reforming the Apprenticeship Levy and prioritising HGV driver tests cancelled due to Covid restrictions.