Kuehne + Nagel says it is back on track after a weak start to the first six months of trading this financial year. Citing muted consumption and increased market volatility throughout the world, the Swiss logistics giant saw turnover increase just 2.8% to CHF10bn (£6.5bn) for the six months ending 30 June (2011: CHF9.78bn). Globally, EBITDA was down from CHF502m in the same period a year ago, to CHF389m. Its road and rail division reports that its groupage, full and […]
Kuehne + Nagel plans to move into a depot at London Heathrow airport next year, as it continues with its restructuring plans.
Kuehne + Nagel has clinched a major contract to manage GlaxoSmithKline’s UK road distribution of consumer and healthcare goods.
Roads minister Stephen Hammond has praised Skills for Logistic’s (SfL) “innovative” new initiative to recruit armed forces personnel into the road transport sector. Speaking at the official launch of the Military Transitions to Logistics programme at London’s Imperial War Museum earlier this month, the minister added: “I’m delighted to be a part of it and wish it a huge success.” Hammond urged others within road transport to get involved with an initiative that hopes to entice 1,000 ex-services personnel into […]