TNT Express saw a 13% drop in EMEA operating profit in the third quarter, despite a 3,2% turnover rise, due to “challenging trading conditions in Europe”. The parcel firm, which last week received a statement of objections from the European Commission ahead of its acquisition by UPS, did not perform as well in its EMEA operations as it had during the same period in 2011, its Q3 trading results revealed. Reported operating profit margins fell from 6.4% in Q3 2011 […]
Abbey Logistics Group has seen a significant improvement in its financial performance over the past six months, despite the impact of the Covid-19 pandemic, chief executive Steve Granite said this week.
Maxi Haulage saw another year of strong growth with pre-tax profit up 14% to £1.61m in the financial year ending to September 2015.
Mick George’s chief financial officer (CFO) has left the company after just four months in the role, documents reveal.