Kerry Logistics (UK), the Manchester-based 3PL and freight forwarding company, boosted its profit by 28.8% in the year ending 31 December 2019 following investment in its sales teams. Turnover in the period rose £613,000 to £70.6m, although it also saw a reduction in volumes following a strategic decision to “focus on the customers prepared to pay fair rates, who value service levels and are prepared to build relationships”. Pre-tax profit increased by £546,000 to £2.4m. It added: “We have developed […]
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XPO Logistics and Nestlé have announced that their flagship distribution centre and technology hub in the UK has completed its phased opening to full operations.
Royal Mail’s parcels revenue has overtaken letters for the first time and now represents 60% of its entire turnover, according to the postal group.