Microlise listing on stock market will fund new products to improve operator efficiency

Europa Worldwide Group’s investment in its Corby 3PL warehouse, coupled with the effects of Covid 19, led to a 39% reduction in profits in 2020, its accounts showed.

Administrators appointed to handle the affairs of haulage and freight forwarding firm Cargo Worldwide (UK) said the trading premises of the east London business had been cleared of all assets and company records upon their arrival.

Hargreaves Services has warned that its transport division’s operating profit may fall by £500,000 this year due a decline in the coal, steel and construction markets.