Dawsongroup Finance has won a major leasing contract worth £15m to supply trucks and trailers to an unnamed supermarket chain, allowing it to expand its delivery capacity over the Christmas period. The Ringwood-based company is looking to assist logistics and material handling companies prepare for what it expects to be an “unprecedented peak” in Christmas shopping by enabling them to temporarily expand their fleets. Explained Dawsongroup Finance commercial director Kevin Wills (pictured): “After a turbulent year, this Christmas trading period […]
Losses deepen at Currie Solutions in the face of Amazon cuts, “fierce” competition and driver shortages
Amazon’s drive to use “cheaper hauliers” combined with “fierce” competition, tight margins and the driver shortage have seen Currie Solutions’ pre-tax losses almost quadruple.
KNP Logistics Group, formerly known as Knights of Old Group, slashed its losses by almost two-thirds last year, boosted by major wins in the contract distribution sector, the acquisition of the assets of Steve Porter Transport for just £1, and a restructuring of its finance team, including the addition of a new chief financial officer.
“Urgent action needed to stop avalanche of redundancies and insolvencies,” warns head of Logistics UK
Logistics UK has warned the government it needs to act now to stimulate economic activity and restore consumer confidence amid claims the nation’s businesses are “stagnating” after two months of cautious re-opening following the pandemic.