Kuehne+Nagel said 2020 was a year of two halves, with a weak first semester followed by a strong second resulting in a group net turnover of CHF 20.4bn (£15.8bn). The “remarkably good” results came in a year the logistics giant described as being marked by crisis, with the CHF 712m (£551m) reduction in turnover blamed on lower volumes in the first half. Group gross profit was CHF 7.5bn (£5.8bn). It said a focus on logistics within the pharmaceutical industry had […]
South Wales haulier John Raymond Transport suffered a drop in pre-tax profit of over 99.7% in the last financial year, accounts lodged at Companies House have shown.
Independent freight forwarder and Palletways member, International Forwarding (IFL), has opened a third storage facility in the Midlands.
Brit European Transport is investing in a fleet of 24 new dual-fuel vehicles to service a contract with long-term customer and construction equipment manufacturer JCB. The firm, which has worked with JCB for 15 years, has just signed a new five-year deal with optional two-year extension to distribute finished JCB products from production sites in Staffordshire to dealers and export ports around the country. The dual-fuel trucks, all Mercedes-Benz Actros diesel/compressed natural gas (CNG) 6×2 tractive units, are being brought […]