TNT said 2015 will continue to be a year of transition for the company after reporting third quarter turnover of €1.6bn (£1.2bn), up 2.3% year-on-year, and a €27m operating loss, compared with an operating loss of €51m for the third quarter of 2014. Tex Gunning, TNT’s chief executive, said the company would start to see improved performance next year as it continues to drive through changes to the business under its Outlook strategy. He added: “Time is needed for these […]
A promise by the government to splash out with the “biggest ever investment” in roads is still not enough to plug a backlog in maintenance, with billions more needed, according to the Asphalt Industry Alliance (AIA).
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.
Hargreaves Services has warned that its transport division’s operating profit may fall by £500,000 this year due a decline in the coal, steel and construction markets.