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. However, turnover for its road logistics division was down by 21.5% in Q2 2020 to CHF 721m (£611m), compared with the same quarter in 2019, due in large part to a fall in demand in North America. Gross profit fell by 12% to CHF 257m (£217.8m). In contract logistics, the company said plummeting demand […]
The boss of CM Downton has said customers need to be realistic about haulage rates as the economic recovery begins to lay bare capacity issues within road transport.
Amazon has thrown down the gauntlet to the UK’s major supermarkets with plans to expand its fresh food delivery service across the country.