The UK MD of Gefco has said that the 3PL will be more profitable in the future, as it has made moves to strengthen its offering both inside, and outside, of the automotive logistics market. Speaking to Motortransport.co.uk at Multimodal, Tristan Balayn admitted the company’s profitability “was not great” following the economic downturn, but said it’s back on track and ready to take on new challenges. He said: “We know where we are going now. We are confident about our […]
Gefco expects its UK arm to be profitable in 2012, as it prepares for the beginning of a major seven-year contract with General Motors that begins in January. The automotive logistics specialist narrowed its losses in the UK for the year-ending 31 December 2011 to £324,000 from £3.7m in the previous year. Turnover fell slightly from £114.5m to £112.5m. Sales and marketing director John Stocker told MT that the losses were a legacy of the 2006 closure of Peugeot’s plant […]
The FTA has welcomed plans by the French authorities to dismantle a substantial part of the migrant camp in Calais in the next few days.