Thousands of logistics and courier companies reach the end of the road, as closures rise by 75%

Thousands of logistics and courier companies reach the end of the road, as closures rise by 75%
New Government figures reveal 15,005 transport and logistics companies failed in the first quarter of 2022 – 75% more than last year. ParcelHero says the end of Covid lockdowns has reduced the need for courier and home delivery services, while many online retailers are also struggling. New industry figures from the Office for National Statistics (ONS) show a huge rise in logistics company closures. In all, 15,005 freight transport businesses failed in the first quarter of 2022 (Janu...

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