Gist’s annual profit tumbles by 50% after heavy investment

Road haulage rates have risen only fractionally in the last two years, provisional figures from the Office for National Statistics (ONS) have shown.

Hermes Group, parent company of UK parcel carrier Hermes Parcelnet, has seen “significant growth” in turnover for the twelfth year running, which it attributed to the rapidly growing e-commerce sector.

A 55% rise in turnover at Norbert Dentressangle’s UK group company Norbert Dentressangle Logistics was achieved last year as a result of cost reductions, new business and the first full year’s effect of the acquisition of TDG in October 2011.