Profit margins continue to be held back by customers’ reluctance to increase rates, John G Russell (Transport) chief executive, logistics, Alan Poulton has warned. “Margins still remain challenging; getting the right price for the job still remains challenging,” he told Motortransport.co.uk. “We believe the market still isn’t paying the right price for the quality they want for the job. “Although we have a good story to tell about customers staying loyal, the transport margin, in particular, is very difficult to […]
Kuehne+Nagel said it experienced a “significant increase” in shipments within its road logistics division in the third quarter and demand for domestic transport in European countries reached pre-crisis levels.
Owens has returned to profit after three consecutive years of losses, its latest financial results have revealed.
Expect Distribution has blamed a fall in profit on its loss-making two-man delivery service, which ceased operating in May last year, but said that new deals in its contract logistics business will get it back on track.