Premier Logistics MD confident firm will bounce back

Profit fell at Kuehne + Nagel’s road and rail logistics division in the first half of 2013, compared to the same period in 2012, although it predicted a stronger second half-year performance.

The boss of CM Downton has said customers need to be realistic about haulage rates as the economic recovery begins to lay bare capacity issues within road transport.

Fortec has launched a corporate division as it looks to expand its reach with larger, national customers and attract more “blue-chip” clients to the network. The Daventry-based pallet network says the new division was necessary as national and international accounts often require too much funding upfront for individual network members to be able to take on. Neil Hodgson, Fortec MD, says: “This type of business is beyond [most members’] reach in terms of financial risk and scale. However, through bringing […]