Kuehne + Nagel said that the performance of its contract logistics division “continues to be impressive” after a “game-changing” contract with the Ministry of Defence saw turnover rise 33% year-on-year. According to its most-recent filing at Companies House, turnover at K+N’s contract logistics division rose from £389m to £516.7m for the year-ending 31 December 2016. The strategic report within the filings states: “The UK market is an extremely competitive one and margins are always very tight, especially in the current […]
Maritime Transport has signed the Corporate Covenant, the document businesses use to pledge support to the armed forces.
“We’ve had to right-size the business” – Simon Hobbs on a challenging first 10 months as Kinaxia chief executive
When Simon Hobbs says his induction as new Kinaxia boss wasn’t what he expected it sounds like the understatement of the year. Within weeks of taking the reins back in late January, the Covid crisis saw volumes across the group slump by 35% and cash quickly begin to drain.
Wincanton has welcomed the Ministry of Defence’s (MoD) decision to award a 12-month contract extension to its customer General Dynamics, as the move will secure 25 jobs at the operator.