Distribution specialist Archbold Logistics said it had largely mitigated the effects of Covid-19, due to the varying nature of the products it transports for its customers. In the financial results for the year ending 31 December 2019, the haulier said it had experienced a temporary downturn in turnover in the first half of 2020, following the outbreak of Covid-19. However, this had since been addressed thanks to having customers in a range of sectors, including automotive, retail, foodstuffs and paper. […]
A company that took on some of the work of a Cardiff haulier after it entered administration has now gone into liquidation.
Creditors of NFT Distribution Operations have contacted Motor Transport, criticising the way its business and assets were sold and unhappy that it could take months before unpaid invoices are settled.
TNT Express has unveiled a strategy to improve its performance and financial results as both group turnover and operating profit continue to decline.