Rico Logistics has told MotorTransport.co.uk that further acquisitions are on the cards, after its integration of the DHL Express Same-Day courier business it bought last November. The DHL deal marked the first-ever acquisition for field service logistics specialist Rico, and catapulted company turnover from around £50m to £85m. Keith Whitehead, head of strategic development at Rico, told MT that the integration of DHL Same-Day went “very well” considering the size of the operation and the timescale involved to integrate the […]
DHL Express is to invest £156m in increasing capacity at its UK hubs and depots following double-digit growth in the past four years.
Potter Group Logistics has credited stringent cost control, which hasn’t come at the expense of good customer service, for a 27% jump in annual pre-tax profit. Matthew Lamb, MD of Potter Group Logistics, said: “As always our focus is on delivering first class customer service. “We have achieved this while applying rigours controls on overheads across all areas of the business.” As a result, pre-tax profit in the year ended April 2012 was £1.04m (2011: £817,000), with turnover 2.8% ahead […]