News / Global expansion delivers the goods for ID Logistics in Q3

© Adrin Shamsudin

International operations overtook domestic business in the first nine months of the year, boosting France-based ID Logistics’ revenue by 34%, year on year.

The contract logistics provider reported year-to-date revenue of €986.9m, with its international turnover soaring by 67%, bringing in €515.4m of that.

The balance, €471.5m, was earned domestically, equating to growth of 10.8%.

The company said domestic growth had “held its own” despite a “demanding” base of comparison. It also noted that the surge in international business had been boosted by the shutdown of four loss-making sites ...