Ceva Logistics, which recently saw its long-running relationship with Crown Paints extended, has seen group profit fall after its contract logistics businesses was affected by Europe’s economic malaise. While revenue in the first half of the year was up 5.5% at €3.5bn (2011: €3.4bn), EBITDA slipped 10.5% to €136m (2011: €152) as a consequence, despite growth in the group’s ocean freight business. John Pattullo, chief executive of Ceva, says: “Transpacific volume and weakness in Southern Europe remain a concern. As […]
Bibby Distribution has opened a new 212,000 ft² warehouse and distribution facility and taken on more than 100 additional staff in Corby, Northants, to serve a major contract with Japanese food group Mizkan.
C Butt saw both its pre-tax and turnover crash in its most recent financial year, after the loss of three major contracts.