Global group Gefco, which owns Gefco UK, saw revenues fall by almost a fifth last year after Covid-19 forced the closure of its customers’ car manufacturing plants. Announcing its results for the year to 31 December 2020, Gefco, which is 75% owned by Russian Railways and 25% owned by Peugot, Citroen and Vauxhall manufacturer, Group PSA, revealed a 19.7% drop in overall revenues to €3.8bn (£3.3bn). The group’s finished vehicle logistics (FVL) division saw its turnover plunge by almost 22% […]
Independent freight forwarder and Palletways member, International Forwarding (IFL), has opened a third storage facility in the Midlands.
A new “Brexit Buster” freight route linking Poole in Dorset to Tangier in Morocco, is about to see its first shipment arrive in the UK this week.
The Chartered Institute of Logistics and Transport (CILT) is calling for transport operators with spare capacity to get in touch so they can be matched with suppliers to ensure the security of the supply chain during the COVID-19 outbreak.