Turnover at Ceva Logistics fell 6% in the first three months of 2013, while its profit halved as the company continued with its cost reduction measures. Adjusted earnings before interest, taxes, depreciation, and amortisation (EBITDA) fell to €31m (£26m), compared to €66m in the first quarter of 2012. Global turnover fell to €1.6bn, compared to €1.7bn in the same three months a year ago. Ceva CEO Marvin Schlanger said: “The weak economic conditions impacting the global logistics industry continued to […]
Wincanton has reversed heavy losses and is “back on track” – despite a 9.6% fall in turnover – after a turbulent two years that saw it sell its loss-making European activities and exit a poor performing market in the UK.
Confidence among logistics operators has surged in the last six months with nearly 85% expecting their turnover to increase during 2014, a new survey has shown.
Ferguson Transport (Spean Bridge) increased turnover by almost 11% last year, despite downturns in some of the sectors it operates in.