DHL said that it remains satisfied with the performance of its Supply Chain subsidiary, despite a 23% year-on-year fall in turnover caused in part by a change in the way its NHS Supply Chain contract reports revenue. For the year-ending 31 December 2016 turnover at DHL Supply Chain fell from £4.01bn to £3.09bn, while pre-tax profit fell from £108.1m in 2015 to £99.4m in 2016. The business continues to renew consumer and retail contracts formerly reported in its Exel UK […]
Marks & Spencer was stung with a £13.1m net charge last year in its UK logistics operation as it pushed ahead with the restructure of its Clothing & Home distribution network to a single-tier format.
By the time the Beast from the East had done its damage and spring was finally making itself known, official figures showed that there had been 574 insolvencies in UK logistics during the first three months of 2018.
DHL Supply chain has apologised for interruptions to its KFC operation and said it is “working diligently to rectify the situation”, but insisted it was not solely responsible for the debacle.