Family-run Lincolnshire haulage firm Brit-Pol has secured a £2.5m invoice discounting facility, enabling it to extend its export and import markets and establish a new office in Poland. The international haulier, which collects goods in Europe and delivers to blue chip customers in the UK, as well as in Germany, the Netherlands and Luxembourg, sought financial support from Bibby Financial Services (BFS) to boost its working capital and double its income in the next 12 months. The invoice finance package […]
A government ban on truck drivers taking any break other than a 45-minute rest period in seven Kent boroughs from January next year has been slammed by the freight industry.
UK haulage operators are estimated to see £7.5bn wiped off their turnover this year as the “catastrophic impact” of the coronavirus continues, according to the International Road Transport Union (IRU).
UK Mail Group has reported an increase in both parcel volumes and turnover in its mail business for the third quarter of its current financial year.