Widnes-based Suttons Tankers is on the look-out for further acquisitions as it gears up its growth plans, according to MD Michael Cundy. Speaking to motortransport.co.uk, Cundy said Suttons Tankers’ most recent acquisition of DHL Supply Chain’s bulk chemical business, which it bought for £3.8m in April last year, will play a key role in boosting turnover this year, along with new business from Suttons Tankers’ existing clients. He added: “We have a clear growth agenda and we are actively looking […]
Kuehne + Nagel’s road and rail logistics division saw volumes fall in the third quarter due to seasonality and the tough economic conditions affecting Europe, dragging down its nine month performance. It meant EBITDA was 9.6% down on the same period of last year for the first nine months of 2012 at CHF 28m (£18.7m). Despite this, invoiced turnover increased 6.9% to CHF 235m. EBITDA within its contract logistics division in the nine-month period was flat year-on-year at CHF 115m, […]
DX Group said significantly increased volumes would result in revenue growth £10m higher than previously anticipated and as a result it would repay government support provided during the pandemic.
Membership numbers and turnover increased at the FTA last year, but its pre-tax surplus fell.