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 […]
Kuehne + Nagel (K+N) has had its contract with aircraft manufacturer Airbus extended until 2016.
Wincanton has sealed a five-year deal with Majestic Wine to set up a national fulfilment centre (NFC) at its shared user site in Greenford which will process 40% of the wine merchant’s online orders.