A 55% rise in turnover at Norbert Dentressangle’s UK group company Norbert Dentressangle Logistics was achieved last year as a result of cost reductions, new business and the first full year’s effect of the acquisition of TDG in October 2011. ND Logistics’ turnover rose from £413.7m to £640.2m during the year for the year ending 31 December 2012. Pre-tax profit rose 9.78% from £10.5m to £11.5m in the same period. Commenting on the results, ND Logistics’ directors said the business […]
Transport and logistics operations at The Russell Group have not been affected by recent financial problems at group company Icetech Freezers, the firm has stated.
TNT Express chief executive Marie-Christine Lombard has resigned, ahead of the parcel company’s acquisition by UPS. Chief financial officer (CFO) Bernard Bot will take over her position as interim CEO at the end of September, when Lombard leaves the company to pursue another career. “It is regrettable that Marie-Christine has decided to leave TNT Express now. We thank Marie-Christine for her contributions and wish her well for the future,” said Antony Burgmans, chairman of the supervisory board at TNT Express. […]