The Reed Boardall Group has defied rising costs and fierce competition in the transport sector to deliver a 13% rise in underlying pre-tax profit. Reporting its latest annual results to 31 March 2019, the Yorkshire-based cold storage and distribution business unveiled a 3.85% rise in underlying turnover to £62.8m from £61.6m. The company said: “Turnover increased by 1.89% compared to the previous year but 2018 was slightly longer than 2019 due to the inclusion of an extra week. The increase […]
Former Pall-Ex and Fortec member Transol Worldwide Logistics has been placed in liquidation after it appointed administrators earlier this year, owing £739,810.
Kuehne + Nagel said demand for domestic European transport had broadly improved to pre-crisis levels following a significant decline in order volumes in April and May.
International Swiss-based freight and logistics business Kuehne + Nagel reaped the benefits of its long term growth strategy with record results in the 12 months to 31 December 2011. Globally, K+N saw net profit rise to CHF606m (£421m) on turnover of CHF19.6bn (£13.6bn), increases of 12.2% and 9% respectively after the effect of the strong appreciation of the Swiss franc against K+N’s major trading currencies was stripped out, according to Tim Scharwath, vice-president for global air logistics. In K+N’s four […]