Acumen Automotive Logistics has bought four new Rolfo Auriga Deluxe enclosed semi-trailers as part of its strategy to refresh its entire 15-strong enclosed transporter fleet. The UK-based finished vehicle transporter first announced its fleet replacement strategy last December after its acquisition of Stobart Group’s enclosed transport subsidiary Enable. Acumen said the new transporter and tractor unit combinations cost around £200,000 each and are capable of transporting six 5m-long cars at a time. They feature low-deck rigid vehicle and tail-lifts for […]
Transport firms are riding the current Stock Market bubble. This week the FTSE 100 hit its highest level since October 2007 (6,755 on Monday to be precise). While none of the six operators in the MT Tracker basket of transport shares are anywhere near making the FTSE 100, or the FTSE 250 for that matter, the total value of the basket hit a record high today of 1,842.
Well you win some and you lose some. Trading in shares at UK Mail Group continues to be a profitable experience, but – despite a good performance in its transport division Hargreaves shares continue to splutter.
Stobart Group has completed the partial divestment of its transport division.