John Harvey recalls Tibbett & Britten’s (T&B) time in the car industry as a “great adventure”; he does not regret moving into the sector, but wishes T&B had exited sooner as he tells Justin Stanton. Ultimately, the Ford contract forced Harvey to announce T&B’s first profit warning just two days after announcing the annual results in 1995, where the outlook had been bright. “The analysts asked: ‘how deep’s the hole?’ and I said: ‘I have no idea.’ That spooked everybody. Again […]
11) Violeta Bulc Title: European Commissioner for Transport Slovenian Bulc was described by the press as “not your average commissioner” – she has studied as a shaman and is a trained fire-walker and wrote a blog about her interest in positive energy forces. That to one side… she’s the most influential power when it comes to transport in Brussels.
Ceva has singled out the performance of its business in the UK for having a “very strong year” in 2011 after the Netherlands-based logistics giant revealed a 10% rise in profit. Speaking to MT.co.uk, Leigh Pomlett, president for Northern Europe at Ceva, singled out delivery from the UK and Poland as “two countries that have performed” as, globally, the firm saw revenue rise just 0.7% to €6.8bn (£5.6bn)for the year ending 31 December 2011. EBITDA rose 9.9%, when accounting for […]
Glasgow haulier John G Russell (Transport) has warned the distribution sector of a “difficult” 12 months ahead as costs keep rising while rates and profit margins continue to stagnate. Alan Poulton, chief executive, logistics at the group, told MT the firm was finding it increasingly difficult to squeeze further efficiencies out of its operation and said that, in terms of rates: “We are not getting, and have not got for some time now, an increase that reflects the quality and […]