Kuehne+Nagel’s decision to sell a major part of its UK business last year resulted in a 9.3% fall in turnover in its international contract logistics division in the first quarter of 2021, the group reported this week. The results also revealed that when the division was sold to XPO in March last year it had made a loss of £3.9m in the first three months of 2020. The sale, which followed a major review of its contract logistics business, included […]
Somerset’s Peter Green Haulage said a focus on fleet utilisation and reducing high fixed costs helped boost turnover by more than 10% last year, to £17m.
Wincanton is confident in its growth prospects for the current financial year, as it begins to see the benefits from the disposal of its records management arm and the termination of loss-making contracts in its Pullman Fleet Services business.