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 […]
Nearly 11% of logistics businesses are still reporting severe or extreme disruption to their overall freight volumes in light of the Covid-19 pandemic.
Profit at Fred Sherwood and Sons (Transport) saw a resurgence in the year to 31 March 2015, climbing almost 70%.
Wincanton has won a two-year warehousing and distribution contract with baby and toddler food manufacturer Ella’s Kitchen. The contract will see Wincanton managing inbound deliveries from factories, picking, packing and distributing five million cases a year to supermarkets across the UK and its growing list of international customers. James McMaster, chief operating officer at Ella’s Kitchen, said: “Every second of every day someone around the world eats an Ella’s Kitchen product. Ensuring that our supply chain is setup to consistently […]