Scania saw net sales fall across the board by 18% last year, in what it described as ‘a year like no other’. Operating income decreased by 49% to SEK 8,887m (£750m) and truck sales fell by 8.5% to SEK 89,934m. Its results also showed that in the fourth quarter, net sales decreased by 6% to SEK 36,282m and operating income increased by 1% to SEK 3,638m. Henrik Henriksson, Scania president and chief executive, said a large part of the organization […]
Cambridgeshire-based ambient food logistics specialist Bretts Transport has said it anticipates “a good profitable year” after reporting a 9.5% increase in turnover for the 12 months to the end of March.
Fashion retailer Primark has added 10 new Iveco Stralis NP 460 trucks to its fleet.
Kuehne + Nagel’s acquisition of international groupage specialist RH Freight in March last year caught many in the industry – including Motor Transport it has to be said – by surprise. But it was all part of the Swiss-owned global logistics business’ long term strategy, as Glenn Lindfield, KN’s senior vice president for contract logistics in North West Europe, tells Steve Hobson Unlike some other logistics firms who spend big money promoting their brands, family-owned Swiss logistics giant Kuehne + […]