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 […]
Kuehne + Nagel is to open a 195,000 ft² warehouse near Castle Donington in the East Midlands.
New business, better marketing and an emphasis on streamlining appear to have paid off for Cumbrian firm Stalkers Transport Services, which posted a pre-tax profit of just under £35,000 for the year to 30 September after two years of heavy losses. Turnover fell from £6.7m in the previous financial year to £5.7m, but it made a profit compared to a loss of nearly £125,000 the previous financial year and an even more hefty loss of nearly £290,000 the year before […]
Manchester-based AKW Group returned to profitability in 2013, as both its transport and warehousing businesses enjoyed bumper trading.