The chief executive of Ceva Logistics has said reporting a 22% year-on-year fall in profit “simply isn’t good enough” as it continues with further cost-cutting measures. For the year-ending 31 December 2012 the Ashby-de-la-Zouch based logistics company saw global turnover rise 4.8% to €7.2bn (£6.1bn) but did say that if it had not been adjusted at constant currency rates, revenue would have remained flat. However, EBITDA (earnings before interest, taxes, depreciation, and amortisation) fell 21.8% to €251m (£213m) compared to […]
Road haulage rates have risen only fractionally in the last two years, provisional figures from the Office for National Statistics (ONS) have shown.
MT Top 100 company Goldstar Transport has said that 2014 will see it focus on improving gross margins after turnover and pre-tax profit fell last year.
Ceva Logistics has renewed its contract with seafood supplier John West Foods for another three years.