TNT Express has seen a drop in both turnover and operating profit, following the loss of a contract with a major fashion retailer in the UK. The operator’s Q3 2013 results revealed that adjusted operating profit for its Europe Main division (UK and Ireland, Benelux, France, Germany and Italy), fell by a quarter, compared to the same period in 2012, while turnover fell slightly. It attributed the drop to both the loss of a contract with an unnamed fashion retailer in […]
Profit at Hargreaves Services’ transport division plummeted by more than£1m in the six months to November 2015, as the company was hammered by adverse conditions in the coal, steel, construction and waste markets and unseasonably warm winter weather.
Despite new business wins and growth in average storage volumes, turnover at Boughey Distribution remained flat last year.