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 […]
Kuehne + Nagel group chief executive Reinhard Lange is to step down in May. The news came as the firm reported a dip in European EBITDA and turnover due to intense margin pressure.
Yodel said it was on course to become profitable in the year ending June 2021 – a first in its 10-year history.