Redhead Freight on the road to recovery after Schenker integration
Redhead Freight is continuing to make progress after its acquisition by Schenker, which saw the reverse integration of loss-making DB Schenker Logistics into the business. Reporting its annual results to 31 December 2017, the Bradford-based company revealed that turnover had risen 12% in the year to £64.6m (2016: £56.7m). Its annual pre-tax loss improved by almost two thirds to £939,103 (2016: loss of £2.8m). The purchase of a 75% share of Redhead Freight’s parent company in December 2015 by Schenker, […]
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