Deben Transport’s claim for damages in relation to the truck cartel could be as much as £8m and, if successful, would potentially result in a payout to trade creditors, according to the administrator. The Felixstowe haulage firm collapsed in 2015, with an estimated £2.4m owed to unsecured creditors and more than £1.4m owed to HMRC. […]
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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.
It is no secret the haulage sector is facing an uphill battle; recent Office for National Statistics estimates show that one in five transport businesses have run out of cash amid the current economic climate. So how can businesses ensure continuity? There is no doubt that the UK economy is facing significant headwinds at present. […]
Turnover and pre-tax profit at Royal Mail Group continued to climb last year, despite increased competition in the parcels sector and declining letter volumes.