Kuehne + Nagel group chief executive Reinhard Lange is to step down in May. The news came as the firm reported a dip in European EBITDA and turnover due to intense margin pressure. Although his replacement has not yet been found, a management team under K+N International chairman Karl Gernandt will take over Lange’s responsibilities from 7 May. Lange, who is stepping down for health reasons, will then continue in a consultancy role until his contract is terminated on 31 […]
Xpediator has defied the Covid-19 pandemic to deliver an 18% rise in pre-tax profits this year, according to the company’s latest trading update.
Clipper Logistics delivered record revenues of more than £500m last year, boosted by a strong e-fulfilment performance and some “value-enhancing” acquisitions.
The launch of Maritime Transport’s intermodal division followed by its acquisition of Wincanton Container Logistics helped boost pre-tax profits last year by 41% to £13.3m.