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 […]
Bibby Supply Chain Services stemmed its losses last year, thanks in part to making a profit on the disposal of assets and investments relating to a contract exit during the period.
The transport and logistics industry is simply not ‘hip’ enough to attract new talent and needs a complete makeover if it is to compete successfully with other sectors for new recruits in coming years, professional services firm PwC has warned. In a new report, Winning the Talent Race, PwC suggests the transport and logistics sector is suffering from a poor image, including the perception of low pay and poor prospects. Pay is a particular sticking point: while the average salary […]
Eddie Stobart Logistics has seen its push around manufacturing, industrial and bulk (MIB) pay off handsomely, with the segment now its biggest turnover contributor, the firm said today (10 April).