Lloyd Fraser Holdings said it had overcome significant operational challenges created by Covid-19, with demand for services in fashion transport particularly disrupted due to the lockdowns. In its most up-to-date set of accounts, for the year ending 29 February 2020, the Rugby-based 3PL said demand for its services in the milk sector had not been adversely impacted and it remained trading in line with budget. In addition, it said that it had managed its costs and, as a result, it […]
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.
Kuehne + Nagel shrugs off HMRC investigation into £17m corporation tax saving from network fee charges
A network fee charge which has saved Kuehne + Nagel Limited over £17m in corporation tax over six years is under investigation by HMRC, according to the company’s latest annual results.
HGV traffic in Great Britain dropped to just 25% of its normal levels at the height of the lockdown in April, but had almost bounced back to pre-Covid levels by July, new figures reveal.