Start up problems with a “restaurant chain” contract played a “significant” role in a 95% plunge in DHL Supply Chain’s profit last year. According to the company’s latest annual results to 31 December 2018, pre-tax profit plummeted in the year to £3.9m – down from £79m the year before. In its strategic report to the results DHL Supply Chain, which is owned by Deutsche Post, said that “the business experienced a number of one off items in 2018, including issues […]
APC Overnight has reported larger parcel volumes this year as well as a greater uplift on its busiest day, after seeing increases in both turnover and pre-tax profit last year.
The Brit European group of companies made its first profit in three years in 2016, newly published accounts show.
The loss of a major customer at the end of 2016, alongside increasing costs for drivers’ wages and fuel inflation, saw Foulger Transport head into the red in 2017.