The effects of a major fire that destroyed ArrowXL’s Worcester hub in 2017 are continuing to reverberate through the business, with the company reporting a 92% fall in pre-tax profits last year. In its latest annual results to 30 June 2019 the Yodel sister company, which specialises in two-man delivery and installation services, revealed a 92% pre-tax profit plunge to £62,000 (£862,000), despite turnover rising to £88.2m (2018: £78.1m) in the period. EBITDA fell to £3.2m (2018: £3.6m) in the […]
FleetCheck is extending its offer of a free driver risk management app following the government’s decision to extend its furlough scheme to March 2021.
Fagan & Whalley pocketed a £521,000 profit last year, but it was a significant reduction compared to the previous year’s £1.3m.
Scania is serving complimentary refreshments to truck drivers from its hospitality trailer as part of a tour thanking them for keeping the country moving.