Owens (Road Services) said investment in its depot network and a focus on steel transportation, helped boost its turnover and profit in its most recent financial year. In consolidated accounts for the year ended June 2014, the Dafen, Llanelli-based operator posted turnover up 6.1% to £38.5m (2013: £36.3m) and a pre-tax profit up 9.6% to £884,200 (2013: £806,503). Company secretary Robert Williams told MT continual investment in steel transportation was a priority for Owens, as one of the largest independent […]
Geodis Calberson has opened three new regional UK DCs as part of its five-year expansion plan. In addition to its 11 sites operating across the country, it has recently opened DCs at West Thurrock in East London, Wythenshawe in Manchester and Hedge End in Southampton. Geodis Calberson said the new warehouses would help it get closer to its customers at a local level. “We are delighted to be opening our new sites to bring an even better service to our […]
TNT Express has admitted that it is unlikely to hit its profit improvement target for 2015, following an increase in competitive pressures and poor trading conditions in Europe.
A “satisfactory” fourth quarter left French logistics giant Norbert Dentressangle with group turnover of €3.88bn (£3.32bn) during 2012 – up 8.5%. The group’s transport division accounted for just over €2bn of this (up 3.7%), despite reduced volumes from some customers; with its contract logistics work adding just under €1.8bn (up 12%), thanks mainly to a strong performance in the UK, Italy and the Netherlands. The firm’s burgeoning freight forwarding activities, meanwhile, generated revenues of €143m (up 67%). Although ND’s total […]