Profit at Hargreaves Services’ transport division plummeted by more than£1m in the six months to November 2015, as the company was hammered by adverse conditions in the coal, steel, construction and waste markets and unseasonably warm winter weather. The fall in the transport division’s profits is worse than Hargreaves predicted in its profit warning last December, when it forecast a fall of £500,000 for the period. Reporting its interim results to November 2015 this week, Hargreaves Services said its transport […]
Norbert Dentressangle’s logistics business saw a 4% increase in turnover during the first half of this year, with growth in the division likely to continue in the second half.
Hargreaves Services is to “ration” expenditure in its logistics division after it suffered a 91% fall in operating profit last year due to competitive pressure.
Construction equipment manufacturer JCB has renewed a deal with Norbert Dentressangle to manage delivery of aftermarket parts to a network of over 100 dealer depots.