Kuehne + Nagel felt the benefit of its acquisition of RH Freight last year as turnover in its road and rail division rose 18% during the first quarter of 2012. The logistics giant says that it made “good progress” in its European road freight operations with volumes up in its groupage and full and part loads businesses. EBITDA increased 7.7% in Q1, equating to a profit margin of 1.9% – “stable” year-on-year, according to the firm. Overall, including K+N air […]
MT Top 100 operator UK Mail Group posted a 63% growth in pre-tax profit, and 8% growth in turnover, in the first six months of its financial year underlining a period of what chief executive Guy Buswell described as “very strong growth”.
Automotive specialist Brit European Transport improved its margins in 2012, despite a slight fall in turnover.