DSV Road saw its profit increase by more than a fifth last year, driven by a 7.3% increase in turnover. In its latest financial results, the freight forwarder, haulier and supplier of supply chain services reported turnover of £193.9m in the year ending 31 December 2017 in the UK, up from £180.7m the previous year. Pre-tax profit increased by 21.1% to £9.8m (2016: £8.1m). It put the rise in turnover down to an increased focus on new business and retention […]
French shipping firm CMA CGM is set to takeover CEVA Logistics after building an almost 90% shareholding in the company after a public tender launched earlier this year.
City Link parent Better Capital has revealed it will inject more money into the the parcel carrier in a bid to turn the loss-making business around.
Container haulier Pentalver Cannock said a rise in turnover and pre-tax profit during 2017 was essentially down to the continuing improvement in trading conditions since the economic downturn.