Adjusted EBITDA at Ceva Logistics doubled to $80m (£51.6m) during the second quarter of 2013 as it continues to restructure its balance sheet and experience more growth in the UK.CEO Marvin Schlanger told Motortransport.co.uk that the operator is seeing definite growth in the UK market after experiencing a relatively slow start to the year. “We are seeing continued growth in the consumer goods and technology markets,” Schlanger said. “Our customers are telling us that they expect more growth in the […]
Fashion retailer ME+EM has appointed Clipper Logistics to provide a multichannel logistics service from its shared-user DC at Enfield.
Hermes has revealed record results at its UK division, with revenue up 22% in 2011. The parcels company says this reinforces its position as the country’s second-largest home-delivery business. Revenue stood at €303m during 2011, up from €248m in the previous year. Hermes says its UK arm handled more than 140 million parcels during the year, as demand for its home delivery services increased with online retail sales. Carole Woodhead, chief executive at Hermes UK, says: “Our UK business has […]
Over half the transport firms planning to secure bank lending in the next 12 months fear their request will be turned down, according to the results of the latest Close Brothers Business Barometer.