DHL Tradeteam saw its revenue and profit fall in 2011 as customers’ thirst for drinking in pubs, clubs and restaurants diminished. For the 12 months ending 31 December 2011 turnover at the drinks distributor fell to £160.3m (2010: £172.2m), while pre-tax profit also fell from £12m to £11.1m. A spokeswoman for DHL says: “Tradeteam continues to face challenging market conditions as pubs continue to close, and overall on-trade volumes continue to decline. “As a result Tradeteam took the decision at […]
DHL Supply Chain continued to improve its profitability in the UK, with pre-tax profit up 18% year-on-year in the most recent set of results filed at Companies House, despite a turnover drop resulting from the renewal of its NHS Supply Chain contract.
Kuehne + Nagel is transforming its Manchester DC, introducing dual fuel vehicles and cutting trunk miles since winning more business from hotel and restaurant group Whitbread.
DHL Supply Chain said its decision to close its Tradeteam depot in Sheffield and downgrade the site at Ebbw Vale, South Wales with the loss of more than 250 jobs was taken to protect the long-term future of the business and avoid having to make further redundancies in the wake of the Covid-19 pandemic.