News / Uncertainty over Brexit hits logistics margins amid growing fears of 'no deal'

© Charlieaja

Declining profit margins and continuing uncertainty has the left the UK’s logistics industry short of cash to cover the costs of preparing for Brexit.

Amid heightened concern since Theresa May triggered a leadership contest, the UK’s biggest independent forwarder now believes “no deal” is the only option.

European network development manager at Uniserve Lauren Liddell said that “as of today”, there was little chance of an alternative.

“Despite the Brexit deadline being pushed back until 31 October, we believe there is little real ...