Eddie Stobart Logistics saw its turnover and profit grow in its first full trading year under the majority ownership of private equity firm DouglasBay Capital, despite what it described as difficult trading conditions in its core markets. Filings made by Eddie Stobart Logistics show that for the year-ending 30 November 2015 the business posted a turnover of £496.5m, up 1.6% compared with £488.5m in the previous year – incorporating not just its UK activities, but those in Ireland and continental Europe. […]
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 […]
UK Mail has said that it saw a 6% increase in turnover in the first quarter of the year, with a strong performance across its parcels and mail divisions as well as an increase in its UK Pallets division.
Welcome to the 2018 Motor Transport Power Players, the editorial team’s take on who will be the key influencers – including some of those who are up and coming in the industry rather than the established names – on the transport and logistics industry this year.