The MT Top 100 largest operators in the UK run on an average margin of just 2.6%, and this comes after the industry became more profitable in 2012.In 2011, average return on sales was just 0.86% as operators struggled in a weak economy, but 2012 saw a major rebound. This has corresponded with an increase in average turnover across the top operators as the industry finds itself in a stronger position. DHL continued its reign as the largest operator, with […]
International Swiss-based freight and logistics business Kuehne + Nagel reaped the benefits of its long term growth strategy with record results in the 12 months to 31 December 2011. Globally, K+N saw net profit rise to CHF606m (£421m) on turnover of CHF19.6bn (£13.6bn), increases of 12.2% and 9% respectively after the effect of the strong appreciation of the Swiss franc against K+N’s major trading currencies was stripped out, according to Tim Scharwath, vice-president for global air logistics. In K+N’s four […]
This year’s winner of the Haulier of the Year award was Wincanton, the UK’s largest logistics operator, which has seen a remarkable turnaround in performance after a difficult few years.
The promise of a solid first half in its financial year did little to improve investor confidence in Stobart Group – because investors were already ahead of the curve. On 17 April it was trading at a year low of 76.5pence per share. Today its at its year high of 109.5p – proving that investors have faith in the direction Andrew Tinkler is taking the company.