DSV Road saw turnover decrease by 10% last year under the challenges of the pandemic but said it was satisfied with its overall performance. Reporting its latest financial results for the year to 31 December 2020, the company, which specialises in freight forwarding, haulage and supply chain services, had turnover of £177,768,000 (2019: £197,522,000). Pre-tax profit leapt 78.3% at £16,177,000 (2019: £9,073,000). The business review to the results confirmed that the decrease in turnover was the result of the challenges […]
DX Group has issued a profit warning due to continuing challenges in the courier market and margin pressure within its freight business.
Welch’s Transport’s move to newly acquired premises in Bedford and a continuing shortage of drivers during 2019 led to deepening losses and a 1.9% reduction in turnover.
Food wholesaler BidCorp and the National Buying Consortium are calling on the government to take urgent action to tackle the shortage of HGV drivers and warehouse operatives or face worsening food shortages and price inflation across the UK.