DSV Road saw both turnover and profit growth slow last year due to the rising costs of goods and services. Reporting its latest financial results for the year to 31 December 2018, the company which specialises in freight forwarding, haulage and supply chain services, revealed a 1.5% rise in turnover to £196m (2017: £194m) compared with growth of 7.3% a year earlier. Pre-tax profit was up 6.1% to £10.3m (2017: £9.8m) compared with a 21% leap in the same period […]
Maritime Transport has reported an 11th consecutive year of revenue growth.
TNT Express has said it hopes to see a “positive impact” from its profit improvement plan in the second half of 2013, after reporting a 26% drop in first quarter EMEA (Europe, Middle East and Africa) operating profit.
Ceva Logistics, which recently saw its long-running relationship with Crown Paints extended, has seen group profit fall after its contract logistics businesses was affected by Europe’s economic malaise. While revenue in the first half of the year was up 5.5% at €3.5bn (2011: €3.4bn), EBITDA slipped 10.5% to €136m (2011: €152) as a consequence, despite growth in the group’s ocean freight business. John Pattullo, chief executive of Ceva, says: “Transpacific volume and weakness in Southern Europe remain a concern. As […]