Logistic company Kuehne + Nagel has sold its Renault Trucks dealership RH Commercial Vehicles for an undisclosed sum, a year after it bought its parent company The RH Group for £66.9m. The new owners of the East Midlands dealership, that employs 55 people, include its current MD Nigel Baxter and general manager Paul Pearson, who becomes commercial director, as well as Neville and Peter Baxter. Last year the dealership turned over £16m from sales, parts and servicing from its head […]
Renault Trucks has revealed details of its new generation of electric trucks, with a model range from vans through to 26 tonnes GVW and applications including last mile, urban distribution and refuse collection.
Great Bear Distribution has appointed former Kuehne + Nagel senior vice-president for contract logistics, Glenn Lindfield, as chief executive. Lindfield, who will step down from his role as senior vice president for contract logistics for K+N North West Europe, will take on his new position from 1 February. He will take over management responsibility from the Chester-based 3PL’s founders, David Williams and Colin McDavid, who will continue to be involved in business strategy. Lindfield said: “I am delighted to have […]
International Swiss-based freight and logistics business Kuehne + Nagel reaped the benefits of its long term growth strategy with record results in the 12 months to 31 December 2011. Globally, K+N saw net profit rise to CHF606m (£421m) on turnover of CHF19.6bn (£13.6bn), increases of 12.2% and 9% respectively after the effect of the strong appreciation of the Swiss franc against K+N’s major trading currencies was stripped out, according to Tim Scharwath, vice-president for global air logistics. In K+N’s four […]