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% […]
Cheshire-based Kinaxia Logistics has created three senior roles in its finance team.
Pollock (Scotrans) returned to the black last year after making a loss in 2015 following the collapse of one of its clients.
Honda’s plans to close its Swindon plant in 2022 come as yet another blow to hauliers operating in the automotive sector with unions warning that the move will threaten thousands of supply chain jobs across the UK.