Total sales in transport and logistics were up 2.97 per cent over the last quarter of 2017, according to the Creditsafe Watchdog Report.
But it was not all good news. There was a four-fold increase in company failures compared to the year before. Not only that, employment levels and wages stagnated, however, with a 4.69 per cent increase in employees in the last 12 months. Rachel Mainwaring of Creditsafe, said: “There are positive signs of growth across the transport and logistics sector, as both established and new companies have demonstrated strong financial performance this year.