Kuehne + Nagel is closing down its Birmingham and Nottingham depots and transferring 270 staff to East Midlands Gateway (EMG) as it gears up to reach full operational capacity at the new hub within weeks. The new hub, which will house Overland, the logistics company’s road and rail division, includes 40,000sq ft of temperature controlled warehouse space dedicated to pharmaceutical products and a 155,000sq ft cross-dock area for general cargo. A spokeswoman for the company confirmed to motortransport.co.uk that, “we are […]
Kuehne + Nagel says it is back on track after a weak start to the first six months of trading this financial year. Citing muted consumption and increased market volatility throughout the world, the Swiss logistics giant saw turnover increase just 2.8% to CHF10bn (£6.5bn) for the six months ending 30 June (2011: CHF9.78bn). Globally, EBITDA was down from CHF502m in the same period a year ago, to CHF389m. Its road and rail division reports that its groupage, full and […]
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.
Roads minister Stephen Hammond has praised Skills for Logistic’s (SfL) “innovative” new initiative to recruit armed forces personnel into the road transport sector. Speaking at the official launch of the Military Transitions to Logistics programme at London’s Imperial War Museum earlier this month, the minister added: “I’m delighted to be a part of it and wish it a huge success.” Hammond urged others within road transport to get involved with an initiative that hopes to entice 1,000 ex-services personnel into […]