Birmingham-based Corporate Solutions Logistics, which counts Lidl, household goods manufacturer Vax and Smurfit Kappa among its customers, has said it is on target to close its financial year with a turnover of £22m. The Birmingham-based operator, which traces its roots back to removal company DJ Ponsonby, has seen turnover rise repeatedly in recent years from £11.8m in the year-ending 30 June 2014, to £16.2m in financial year 2015 and believes it will hit a turnover of £21.6m in financial year […]
Kuehne+Nagel’s decision to sell a major part of its UK business last year resulted in a 9.3% fall in turnover in its international contract logistics division in the first quarter of 2021, the group reported this week.
Eddie Stobart Logistics (ESL) made a statutory loss of £238.9m last year after ratcheting up exceptional costs of £200.2m, including a £169.2m impairment charge.
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.