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 […]
UPN has hailed the “significant progress” it made last year, after turnover grew by almost 4% to £9.9m.
Skills for Logistics (SfL) has started the roll-out of its Logistics Guild and revealed it will be free to join. The modern day guild, which MT revealed had secured funding last month (17 September), is described as “a member network run by members”. It is intended to meet the development needs of the 2.4 million people that work in logistics. “The guild will build the self-esteem of many workers in the sector and improve its image,” SfL chief executive Mick […]
Volvo has started producing a limited number of trucks for the UK market as the COVID-19 pandemic shows signs of abating.