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 […]
This year, 3PLs have won millions in new and renewed business from retailers, manufacturers and service providers in the UK and beyond; some more business than others. Motortransport.co.uk takes a look at 2013’s top contract wins.
Christmas has come early for XPO Logistics, which has extended its contract with toy retailer The Entertainer for a further 10 years.