Operating profit falls £75m at DHL Supply Chain
Operating profit at DHL Supply Chain fell to £906,000 for the year to 31st December 2018 – down from £75.7 million the year before.
Operating profit at DHL Supply Chain fell to £906,000 for the year to 31st December 2018 – down from £75.7 million the year before.
ASOS has warned that higher warehouse transition costs combined with lower sales will impact pre-tax profit, which is now expected to be in the range £30-35 million for the year.
Self storage company Big Yellow has acquired a 6.4-acre site in Harrow, North West London for £20 million advised by Colliers International.
Royal Mail is rolling out 190 electric vans in London and the South East to add to the 100 that it already operates in the UK.
Tuffnells is expanding its international parcel delivery service with a simplified IT-enabled international tariff covering 167 countries.
Hermes is to increase its ability to collect and deliver large items (over 18 kilos), in response to demand from retailers.
The Diversity Study Group is to take a barometer of all aspects of diversity across the shipping sector and establish centre of excellence to improve diversity via a survey to be available in November.
European retailer HEMA has invested in artificial intelligence and machine learning technology from JDA and Blue Yonder to transform its retail supply chain.
Yodel, has appointed Mike Hancox to replace Andrew Peeler as chief executive.
Panalpina’s operating profit (EBIT) slipped from CHF 54.7 million to CHF 52.1m in the first half of 2019, despite an a small increase in revenue to CHF 2.96 billion.