Gefco UK more than doubled its pre-tax profits last year, despite Covid-19 hitting demand for vehicles and storage and knocking £35m off its turnover. The automotive logistics specialist said the 22% reduction in revenue, from £161.9m in 2019 to £127.1m in the year ending 31 December 2020, was due to a reduction in volumes resulting from the global pandemic, which saw a significant reduction in demand for vehicles and storage. However, pre-tax profit rose from £4.4m to £9.5m during the […]
Skills shortages in the logistics sector stretch beyond the role of HGV driver, with companies providing warehousing warning that they have been in “crisis mode” for two years.
Welsh haulier Adrian Poole & Sons International has entered administration.
Almost two-thirds of logistics firms are having to overhaul their business strategies in the aftermath of the Covid-19 pandemic, a new report reveals.