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 […]
Framptons Transport Services was in rude financial health when it was acquired by Gregory Distribution earlier this year, according to its most recent filing at Companies House.
Temperature controlled supply chain specialist Nagel Langdons saw its turnover increase by 11% year-on-year, but its margins contract slightly as it sought to maintain service levels for customers.
The acquisition of House of James by Potter Logistics last year has helped contribute to a 52% growth in turnover for the York-based firm.