New boss aims to boost Eurocargo profit
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• Danzas' road transport division, Eurocargo, has admitted it is not making enough money and has brought in a new manager to improve profits by reducing empty running.
The new structure is due to be in place by April. It will aim to achieve a 4% return on sales by 2002, possibly with the sale of loss-making operations.
According to a spokesman, the UK transport arm, based at Purfleet, is not performing "satisfactorily". Newly appointed managing director Rod Stoyel says he wants to see less empty running of the 113 owned vehicles, which operate from six depots nationwide.
The group aims to become a logistics provider rather than a conventional freight forwarder; it says road transport will remain a major element of Danzas business.
Up to 180 subcontractors are used, particularly on full-load traffic business, operating from Danzas' Dover office.