Norbert Dentressangle has reported a 9.1% increase in pre-tax profit on the back of an 8.5% increase in annual turnover for 2012. Group earnings before interest, tax and amortisation (EBITA) came to €142m (£122m) during the year on turnover of €3.8bn. Turnover from transport came to €2bn (up 3.7%), the logistics division generated €1.78bn (up 12.2%), and freight forwarding brought in €143m (up 67%). In terms of operating profit, however, the transport division enjoyed a 27% rise while the logistics […]
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The UK road transport sector saw a 20% surge in suppliers’ bad debts in the second quarter of 2017, according to the latest Creditsafe Watchdog Report.
In April US 3PL XPO Logistics surprised the European logistics market with an unsolicited €3.24bn (£2.3bn) offer for French giant Norbert Dentressangle (ND).