Although the sales revenue of Hungarian logistics company Waberer's increased significantly in the first half of 2022, its net income decreased significantly according to the group's latest financial report. When assessing the results, the company's CEO said that recruiting drivers from India could be a long-term solution for the company that provides it with a competitive advantage.

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Waberer’s 2022 sales revenue up significantly, but net income drops

<span style="font-weight: 400;">Despite an increase in operating costs, such as fuel prices, revenue from Girteka’s transportation business increased by more than 20 per cent year-on-year in 2021, says the Lithuanian company’s latest financial report. Girteka states the result has put it in the top 10 logistics companies in Europe.</span>

Girteka says its 2021 financial result puts it in the top 10 logistics companies in Europe 

UK’s leading manufacturer of tipping trailers, Fruehauf Ltd, has entered administration. A buyer or investor is now being sought for the firm. Employees are on the furlough scheme at the moment and no redundancies have been made yet, but up to 100 jobs are at risk.

UK’s leading manufacturer of tipping trailers enter administration; 100 jobs at risk

Waberer’s 2022 sales revenue up significantly, but net income drops

Girteka says its 2021 financial result puts it in the top 10 logistics companies in Europe

UK’s leading manufacturer of tipping trailers enter administration; 100 jobs at risk

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