Kerry Logistics shrugs off Covid as 2020 profits soar

Kerry Logistics shrugs off Covid as 2020 profits soar
 

Kerry Logistics increased its pre-tax profit by more than 70% in 2020, despite a “very challenging and turbulent year”.

The Manchester-based 3PL and freight forwarder said the pandemic resulted in a significant reduction in activity during H1 and the lockdown in China, followed by the UK in late March, led to delays and shipment cancellations.

However, volumes rebounded strongly in H2 which the company said was driven by high global demand for pandemic related goods such as PPE, as well […][1]


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References

  1. ^ Kerry Logistics shrugs off Covid as 2020 profits soar (motortransport.co.uk)
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