The 2020 Motor Transport Top 100 has highlighted the success of online retailing even before the Covid-19 pandemic, with parcel carriers such as Hermes, Yodel, DPD and UPS all increasing sales at double the industry average rate of 2.3%. The figures for the Top 100 come mainly from companies’ 2019 accounts and so are not affected by the Covid-19 crisis. However, it is clear that the home delivery specialists have been the major beneficiaries as consumers have taken to the […]
Some of road transport’s biggest companies could face a hit to their cash flow after the chancellor signalled he was bringing forward corporation tax deadlines forward yesterday.
Eight road transport and logistics businesses now have an annual turnover in excess of £1bn.