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 […]
Gatwick-based logistics specialist DNA is gearing up for further expansion in 2021 following a 40% increase in palletised freight consignments since the Covid pandemic.
The collapse of British Steel stopped Prestons of Potto making a profit last year, but its owner said the Northallerton company was now back in the black.
The boss of CM Downton has said customers need to be realistic about haulage rates as the economic recovery begins to lay bare capacity issues within road transport.