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
GEODIS advances decarbonisation of urban logistics with electric vehicle deployment in Vietnam
GEODIS strengthens pharmaceutical logistics capabilities in Poland with IATA CEIV Pharma and GDP certifications
GEODIS achieves IATA CEIV Pharma certification in Hyderabad (India), strengthening commitment to healthcare logistics
GEODIS tests sustainable paper thermal covers for pharmaceutical airfreight
WFS awarded five-year contract by GEODIS in Brussels for freight forwarder handling services
GEODIS to enhance its pharmaceutical logistics capabilities and move into a new temperature controlled, GDP compliant warehouse in Manchester

