A “buoyant” UK logistics market helped Norbert Dentressangle (ND) boost overall third quarter 2012 revenue by 10% to €2.9bn. Turnover growth was reported across all three of ND’s business divisions, with much of this down to the acquisition of new business. Logistics revenue for Q3 2012 increased 6.4% compared to Q3 2011, with like-for-like income up 2%. Year-to-date, logistics division revenue is 13.7% ahead at €1.3bn (2011: €1.15bn). Transport operations fared less well in Q3, with revenue down 0.1% to […]
Hargreaves Services is to “ration” expenditure in its logistics division after it suffered a 91% fall in operating profit last year due to competitive pressure.
City Link parent Better Capital has revealed it will inject more money into the the parcel carrier in a bid to turn the loss-making business around.
Poor exchange rates negated turnover growth in the UK division of XPO Logistics, according to the group’s 2016 figures.