Operators due to appear at public inquiries are urged to review their financial standing requirements in light of the Covid-19 pandemic, following cases in which firms struggled to demonstrate compliance before the traffic commissioner. Laura Hadzik, Backhouse Jones solicitor, said it had become “increasingly apparent” that many hauliers could not demonstrate they were meeting financial standing and were falling foul of their regulatory requirements at PIs. Hadzik said: “It’s a mandatory requirement throughout the lifetime of your licence, and it’s […]
ECM (Vehicle Delivery Service) enjoyed a strong 2016 as UK car sales boomed delivering a 12% rise in pre-tax profit, but has warned of tough times ahead.
Glasgow haulier John G Russell (Transport) has warned the distribution sector of a “difficult” 12 months ahead as costs keep rising while rates and profit margins continue to stagnate. Alan Poulton, chief executive, logistics at the group, told MT the firm was finding it increasingly difficult to squeeze further efficiencies out of its operation and said that, in terms of rates: “We are not getting, and have not got for some time now, an increase that reflects the quality and […]
Just one week after Welsh haulier Mansel Davies had its licence revoked by the traffic commissioner for falsifying maintenance records its directors have been granted a new licence to run the business under the name of MDS Distribution Limited.