Turnover and profit remained stable at family-owned transport firm Chris Hayter Transport last year in the face of the Covid-19 pandemic. The Witney, Oxfordshire headquartered business, which operates more than 150 HGVs out of operating centres in various traffic areas, saw revenue fall just £171,000 in the year ending 31 December 2020, to £20.4m. Pre-tax profit increased by £153,000 to £584,000. In a review of its business, the company said pre-tax profit was 2.87% of sales, which it added “is […]
Haulage operators are demanding government action after a record spike in volumes, combined with a dearth of drivers made worse by a backlog in HGV driver tests, threatened to push many to the brink.
Clipper Logistics delivered record revenues of more than £500m last year, boosted by a strong e-fulfilment performance and some “value-enhancing” acquisitions.
Hauliers have demanded the government explains how its system for paying employees 80% of their salaries is going to work following concerns that it isn’t flexible enough to deal with their industry.