French-based logistics provider Geodis said that it had returned to strong growth in the first half of 2010. Together, recent acquisitions and organic growth drove a 37.1 per cent (€841.6 million) increase in revenue to €3,112.6 million. It also pointed to higher air and sea freight volumes, notably between Asia and Europe, which lifted revenue in the first half. The start-up of new contract logistics projects and a slight upturn in the automotive industry business also contributed to revenue growth.
Related Articles
New appointment to the GEODIS management board
GEODIS’ drive to sustainability forges ahead with a new fleet of biofuel trucks in the UAE
GEODIS announces new appointment to its management board
GEODIS announces appointments to its management board
GEODIS unveils its strategic plan to deliver ever more innovative, sustainable, and ethical logistics solutions
GEODIS unveils its new brand campaign, symbolising its commitment to a sustainable future