Kinaxia Logistics grew turnover by 40% last year, reflecting the full-year effect of its acquisition spree during 2017 and 2018. However, it made a pre-tax loss of £755,540 after its investment in two major warehousing operations incurred “heavy set up costs”, relating to rent, rates, labour and fit-out expenditure. It said significant due diligence and fee costs relating to acquisitions also hit its profitability, although the majority of these costs are one-offs. The haulage and warehousing group reported revenues of […]
Kinaxia Logistics has given a thumbs down to the government’s decision to try to tackle the driver shortage crisis by extending drivers’ hours.
Kinaxia Logistics has appointed Simon Hobbs to the newly-created role of group chief executive.
David Hathaway Transport increased profits by more than 52% before it was acquired by Kinaxia last year, recently published results show.