DSV has blamed a first quarter dip in turnover and EBITDA in its road division on “fierce competition” and a reduction in average consignment size. Although the operator said costs declined as a result of “capacity adjustments” in 2012, EBITDA fell 8.9% to DKK 234m (£26.6m), compared to DKK 257m (£29.2m) in 2012, its results for the three months ending 31 March showed. Turnover also dropped slightly from DKK 5.7bn in Q1 2012 to DKK 5.6bn in the same period […]
The sale of its Palletforce shares after the purchase of the pallet network last year by EmergeVest sent Farrall’s’ profit soaring in 2015.
Small and medium sized hauliers hit by the impact of the COVID-19 pandemic can apply for a government-guaranteed loan of up to £50,000 from next week.