Palletline saw revenues grow by 2.4% last year, although profits slipped in its logistics businesses due to a shortage of drivers. For the year ending 30 June 2019, the network, which is wholly owned by its members, reported a £149.1m turnover, an increase from 2018’s £145.6m. Turnover in its network operations increased by 2% and in its logistics subsidiaries by 4%, including a part-year contribution from Fast Forward Distribution, a long-standing member that it acquired in December 2018. However, pre-tax […]
FORS is reducing its annual subscription fee for members from next month in a move aimed at helping hauliers during the pandemic.
Profit fell at Kuehne + Nagel’s road and rail logistics division in the first half of 2013, compared to the same period in 2012, although it predicted a stronger second half-year performance.
Almost a third of logistics companies fear new B2C delivery methods such as click and collect, viewing them as a threat to their businesses, according to a report by Barclays.