Kuehne + Nagel continued to improve on its results in 2019 and said it was looking ahead with confidence, despite the “unknown scope” of the Coronavirus. The global 3PL increased net turnover in the 2019 business year by 1.5% to 21.1bn CHF, with gross profit up 3.5% to 8bn CHF (£6.4bn). Profits were up across its main divisions, with overland gross profit increasing by 3% to 1.1bn CHF (£884.2m) and turnover rising by 1.7% to 3.6bn CHF (£2.9bn). Net turnover […]
The Pallet Network (TPN) enjoyed “unprecedented volumes” last year as it rebounded from the effects of Covid-19 thanks to thousands of people partaking in DIY jobs around the home.
Lloyd Fraser Holdings said it had overcome significant operational challenges created by Covid-19, with demand for services in fashion transport particularly disrupted due to the lockdowns.
Royal Mail has revealed that its UK operation saw a 2% year-on-year decline in turnover in the first quarter of its financial year, just a day after reports that the company submitted an objection to an ongoing Ofcom investigation into its pricing regulations emerged.