Currie European’s MD said it had been focusing on customer and route profitability during 2016, in order to mitigate limited success in increasing its rates. Stephen Turner said “good improvements” had been made but that a lot of work remained on boosting margins. He was commenting following the publication of its latest financial results, which showed a 10% reduction in turnover for the year ending 31 December, to £40.6m. Pre-tax profit slid by 4.6% to £94,653. Turner said: “Customer rate […]
Once again the UK’s nine pallet networks bucked the general trend within logistics in 2012, delivering another year of growth. While Greece teetered on the precipice, dragging the whole eurozone deeper into its protracted economic malaise, Europe remained the focal point for many of the UK’s networks looking for the next big thing. European market leader Palletways faces competition with Pall-Ex’s ambitious European plans remaining on course despite the economic headwinds from the Continent, and Palletforce finally revealing its hand […]
TNT UK remained loss making in its most recent trading period once the one-off gain from the sale of its Business Solutions division is stripped out, its latest accounts show.
Palletline is on course to launch a direct trunking service from January 2014, a move that its MD Kevin Buchanan believes has the potential to evolve the decades-old pallet network model.