Rhenus Logistics managed to increase turnover and profit last year in the face of an extremely challenging period. Revenue rose by 1.6% to £11.4m for the year ending 31 December 2020, with pre-tax profit increasing by 36.2% to £872,000. Turnover from its transport business dropped slightly to £6.1m during the period, compared to £6.2m in 2019. Warehousing and storage accounted for £5.4m (£5m). Read more Rhenus secures fourth warehouse on Magna Park Rhenus slashes Swoon delivery failures under new two-man […]
International Swiss-based freight and logistics business Kuehne + Nagel reaped the benefits of its long term growth strategy with record results in the 12 months to 31 December 2011. Globally, K+N saw net profit rise to CHF606m (£421m) on turnover of CHF19.6bn (£13.6bn), increases of 12.2% and 9% respectively after the effect of the strong appreciation of the Swiss franc against K+N’s major trading currencies was stripped out, according to Tim Scharwath, vice-president for global air logistics. In K+N’s four […]
GeoPost has introduced a new brand for its international parcel delivery network, after a year of growth.
Parcel delivery network APC Overnight made a £4.42m pre-tax profit last year, a 30.4% increase on the previous year’s figures. Turnover for the year ended 31 March 2012 rose 13.5% to £65.7m (2010/11: £57.9m) as a result of increased customer demand. Chief executive Syed Ziaullah said: “These results really are a reflection of the huge surge in customer demand seen right across the business during the last financial year. “We pride ourselves on delivering the best service in the business […]