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 […]
CM Downton enjoyed a successful first full trading year since being acquired by EmergeVest, with profits growing by more than 90%.
In November, DHL Supply Chain revealed it had beaten off rival bids to renew a six-year fuel distribution contract with the UK’s fourth largest supermarket, Morrisons – a deal that extends their overall working relationship to 12 years.
Growth in haulage rates slowed almost to a halt in the first three months of the year, according to the latest figures from the Office for National Statistics (ONS). Average haulage rates grew by just 0.1% against a 2005 baseline in the first quarter of 2013, down from 0.2% during the final quarter of 2012, the latest Services Producer Price Index from the ONS has revealed.