European Cargo: grounded by financial pressure and an unforgiving market
European Cargo’s collapse appears to have been driven by a combination of rising operating costs, ...
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By Mr Joy
No single stakeholder group is to blame for the collapse of Scott’s Refrigerated Transport.
Don’t do it
“But if you take the good accounts, you also have to take the bad ones,” said one consultant (who just happened to be a former senior executive at Toll 1.0) representing an Asian-owned, Australian-based, courier company.
“No, I don’t,” said the executive chairman of my employer.
Sounds logical, right? You know the adage: “Revenue is vanity, profit is sanity, cash flow is reality.”?
So why would companies accept ...
Comment on this article
chris dunphy
March 30, 2023 at 2:48 amA good accurate assessment.
Unlikely to stop with Scott’s as there’s no pot of gold for PE in logistics …