Kuehne + Nagel UK managing director Marcus Bennett oversaw a 43.5% jump in profitability at the 3PL during his first full year in charge of the British arm of the Swiss multinational. UK-derived turnover at Kuehne + Nagel (K+N) rose to £1.16bn in the year-ending 31 December 2014, according to Companies House filings, up from £1.11bn in the previous year. Pre-tax profit increased by 43.5% to £35.3m, compared to £24.6m in 2013. Contract Logistics Its contract logistics division saw a […]
Kuehne + Nagel has clinched a major contract to manage GlaxoSmithKline’s UK road distribution of consumer and healthcare goods.
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 […]
Carlsberg UK has submitted plans to open a 640,000ft² DC in Northampton, replacing two sites in the area.