Expansion into international distribution should add around £1m a year in turnover this year, Manchester-based operator AK Worthington (AKW) has predicted. Having started daily services to nine overseas countries with weekly services to eight more, contributed to a 5.9% rise in the year to 30 June 2012 in annual turnover to £10.66m (2011: £10.06m) AKW’s turnover in the year was also boosted by passing more business through haulage consortium Partnerlink, which it is a shareholder in. Although AKW’s profit before […]
Norbert Dentressangle (ND) has revealed a first-half consolidated revenue increase of 13.3% to €1.9bn (up from €1.7bn in the same period last year) despite struggling with volumes. Like-for-like growth remained flat, dipping by 0.2% compared with H1 2011, which ND attributes to a sharply deteriorating European economy during the second quarter. ND’s transport division took a 1.3% hit on a like-for-like basis (consolidated revenue is up 7.7% to €1bn), which the company says is due to a sluggish economy, with […]
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.