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 […]
A group that aims to promote Sheffield as an area for more warehousing and logistics companies to invest in was launched at Multimodal yesterday (29 April).
Kuehne + Nagel’s acquisition of international groupage specialist RH Freight in March last year caught many in the industry – including Motor Transport it has to be said – by surprise. But it was all part of the Swiss-owned global logistics business’ long term strategy, as Glenn Lindfield, KN’s senior vice president for contract logistics in North West Europe, tells Steve Hobson Unlike some other logistics firms who spend big money promoting their brands, family-owned Swiss logistics giant Kuehne + […]
As the economy struggles, UK pallet networks continue to record year-on-year growth. The UK’s pallet networks shifted more than 15.3 million pallets last year, a 7.3% rise on the number moved in 2010. Data from the Association of Pallet Networks (APN) shows that while the UK, and beyond, has endured recession, the networks have continued to outperform the economy. Eight of the nine UK networks are APN members, representing more than 650 hauliers, almost 30,000 vehicles and 13 million ft2 […]