Jan de Rijk Logistics reports improved results in 2016

European trucker Jan de Rijk Logistics recorded a near 10% rise in its 2016 operating result and remains “modestly optimistic” for 2017 despite challenges from labour costs, capacity shortages and regulatory changes.
The road feeder services and logistics specialist booked a total combined turnover of €208m in 2016, and an operating margin of €18.1m, compared with an operating margin of €16.6m in 2015.
In a statement, the Netherlands-based company said: “The increased activities in contract logistics and further process improvement initiatives have contributed to this growth.
“Overall turnover of the group decreased slightly compared to the year before, mainly due to the reduction of a company train with a partner and the lower fuel surcharge income.
“Excluding these effects the turnover would have been slightly higher.”
It added: “The outlook for 2017 is modestly optimistic. The global economy and consumer trust continues to pick up. “Rising labour costs, shortage of capacity in the market and increased legislation will be the challenges in the near future.”
Jan de Rijk Logistics operates a fleet of over 1,000 vehicles across Europe and also offers contract logistics, assembly & intermodal services and retail distribution. 

Share this story

Related Topics

Latest europe news

Liege Airport cargo volumes up 16% in March

Cargo volumes at Liege Airport were up 16% in March year on year following increased air cargo demand in the…

Read More

Share this story

One Air commences 747F operations at East Midlands Airport

British cargo airline One Air has commenced 747-400 freighter operations at East Midlands Airport (EMA) in the UK. One Air’s…

Read More

Share this story

Challenge Group launches freighter service to Mumbai

Challenge Group has decided to launch a scheduled freighter route between Mumbai (BOM) and Liège (LGG). Operating twice weekly, the…

Read More

Share this story

Air Cargo News

Air Cargo News
Established in 1983, Air Cargo News is the leading source of news, information, interviews, analyses and reports to the global airfreight industry. Our leading portfolio includes print, digital and events that give businesses in the airfreight industry the ability to connect with decision-makers in this sector.