Profit fell at Kuehne + Nagel’s road and rail logistics division in the first half of 2013, compared to the same period in 2012, although it predicted a stronger second half-year performance. The division pulled back strongly in the second quarter from an 85% first-quarter drop in EBITDA caused by adverse weather. For the two quarters as a whole, the group said it increased full and part load volumes and kept gross profit in the division stable, although EBITDA for […]
Expansion into international distribution should add around £1m a year in turnover this year, Manchester-based operator AK Worthington (AKW) has predicted. Having started daily services to nine overseas countries with weekly services to eight more, contributed to a 5.9% rise in the year to 30 June 2012 in annual turnover to £10.66m (2011: £10.06m) AKW’s turnover in the year was also boosted by passing more business through haulage consortium Partnerlink, which it is a shareholder in. Although AKW’s profit before […]
Iveco has renewed its European spare parts distribution contract with Kuehne + Nagel.
Kuehne + Nagel is to replace food service customer Spirit Pub Company’s entire fleet with 56 new Iveco trucks as part of an open book contract.