Logistics Late Payers Exposed

Well known transport and distribution firms have cropped up in a list naming and shaming both late and serially late payers of invoices, writes Chris Tindall.

Research by campaign group Good Business Pays (GBP) found there had been a 20% increase in companies reporting average payment times of over 80 days, with the largest surge in companies reporting payments being made between 80-90 days.

Terry Corby, GBP’s chief executive, said: “It’s encouraging that 19 companies whose names were published in the autumn watchlist have since dramatically improved their payment performance and only six months later now no longer appear on this list.”

It names some well-known road haulage and logistic companies. Click here to find out who.

The post Logistics Late Payers Exposed appeared first on Transport News.

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