Hermes has revealed record results at its UK division, with revenue up 22% in 2011. The parcels company says this reinforces its position as the country’s second-largest home-delivery business. Revenue stood at €303m during 2011, up from €248m in the previous year. Hermes says its UK arm handled more than 140 million parcels during the year, as demand for its home delivery services increased with online retail sales. Carole Woodhead, chief executive at Hermes UK, says: “Our UK business has […]
A combination of organic growth in its same-day distribution business and the acquisition of six companies last year helped courier firm CitySprint increase its turnover.
Davies Turner & Co has increased turnover and pre-tax profits despite “tough trading conditions” last year, according to its latest annual results.
KNP Logistics Group, formerly known as Knights of Old Group, slashed its losses by almost two-thirds last year, boosted by major wins in the contract distribution sector, the acquisition of the assets of Steve Porter Transport for just £1, and a restructuring of its finance team, including the addition of a new chief financial officer.