Hermes Group, parent company of UK parcel carrier Hermes Parcelnet, has seen “significant growth” in turnover for the twelfth year running, which it attributed to the rapidly growing e-commerce sector. The group’s turnover for 2015 was €2.5bn (£1.9bn) compared to €2.2bn the previous year. This 11% increase, the group said, had been driven by “booming e-commerce”, with the group handling 580 million shipments over the course of 2015. Hanjo Schneider, chairman of the supervisory board of Hermes Europe, said: “We’re […]
Advanced Supply Chain suffered a 44% drop in pre-tax profit in the year ended 30 June 2014, according to newly published accounts at Companies House.
TNT Express is to spend €185m (£145m) improving its European road network during the next four years as part of its strategy to move more by road.