Herefordshire’s Burgoynes has made all of its staff beneficiaries of an employee ownership trust in order to secure the firm’s future. The family-owned logistics specialist and Pallet-Track member has become one of just a handful of hauliers to introduce such a scheme, which ensures the company’s longevity and prevents the business being sold. It means […]
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Yodel has made its sixth pre-tax loss in a row, two years after it failed to hit its self set target of turning its first profit.
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 […]
Palletline member Miniclipper Logistics has admitted volumes have not been hit as badly as expected by the COVID-19 pandemic but that companies without a warehousing side might struggle to survive.