Meachers Global Logistics saw a reduction in turnover and profit last year. The Hampshire-based company recorded a 1.9% drop in sales, from £25.5m to £25m for the year ending 31 May 2016. Pre-tax profit slid 8.7% to £1.9m but the company said the “marginal reduction” was in line with expectations. In its business review, Meachers […]
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Cartwright Group has gone into administration today resulting in 490 redundancies at S Cartwright & Sons (Coachbuilders) and Cartwright Fabrications and the sale of subsidiaries Cartwright Finance, Cartwright Fleet Service and Cartwright Rentals to Contract Vehicles, the commercial vehicles division of leasing and fleet management firm Zenith.
DX (Group) has announced the proposed appointment of Liad Meidar, managing partner of one of its largest shareholders, as a non-executive director.
Trucking capacity on European roads remained at a low level in July according to industry analysts, resulting in a significant increase in spot market rates.