Almost a third of companies operating in haulage and logistics have no cash reserves to rely on this month – higher than any other industry, according to latest official figures.
Office for National Statistics data showed that between 1 and 14 June 31.5% of transport and storage companies, which includes logistics, parcels, haulage and warehousing firms, had no cash reserves.
The only other sectors that had the nearest proportion of businesses struggling were construction and education, both with 23.9%.
The figures also showed 6.7% in transport and storage had less than one month’s reserves left and just over 14% had up to three months to rely on.
ParcelHero said the results should be a major cause of concern for the sector: “A hefty 31.5% of transport and storage firms classed as ‘not permanently stopped trading’ had no cash reserves in the first weeks of June,” said its head of consumer research David Jinks.
“To put that in perspective, that’s a 7.6 percentage point difference between this sector and the nearest others reporting they are out of cash.”
Jinks pointed out that in July 2025, the figures were almost the same, except now the gap between this sector and the nearest others ones was much wider.
“One certainty is that it will be those transport and storage companies that are partnered with retailers with strong in-store and online sales that will ultimately triumph,” Jinks added.
