Lloyd Fraser said it was in a strong financial position with healthy cash reserves after reporting a 3.4% increase in turnover last year. The logistics group, which specialises in fashion transport, bulk liquids and FMCGs, also increased its pre-tax profit by 3.6% to almost £1.3m in the year ending 31 August 2013. Turnover rose to £47.3m during the period, with around £640,000 of this derived from business in Europe. The company said its future strategy will be to focus on […]
Kuehne + Nagel group chief executive Reinhard Lange is to step down in May. The news came as the firm reported a dip in European EBITDA and turnover due to intense margin pressure.
Welch’s Transport has laid down foundations for the future with the appointment of fourth-generation family member Chris Welch as its commercial director.
DSV Road MD René Falch Olesen said that the economy in 2012 had affected the firm’s profit in what was a “satisfactory” year for the operator.