19,000 transport and logistics SMEs facing collapse as sector giants ‘eat up’ growth


 

There has been a jump of almost a quarter in the number of transport and logistics SMEs experiencing significant financial distress compared to the end of last year, according to a new analysis. RealBusinessRescue.co.uk, set up by Begbies Traynor to advise business leaders in financial distress, also said the number of start-up transport firms now struggling financially had increased by 60% during the last quarter, due to the pandemic. It said there were now 19,000 SMEs battling against insolvency, a […]