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 […]
Pollock (Scotrans) saw turnover climb in its first financial results since its acquisition of fellow Palletways member Gilbraith (TS) last February.
UPN has hailed the “significant progress” it made last year, after turnover grew by almost 4% to £9.9m.