News

Advanced Supply Chain turnover leaps 57%

January 11, 2013 Christopher Walton

Advanced Processing, which trades as Advanced Supply Chain, took another step towards its target of £100m turnover by 2016, after a revealing a 57% rise in its most recent financial year. For the 12 months ending 30 June 2012 turnover rose to £28m, from £17.5m in the previous 12 month period. The garment processing specialist also increased its profitability, revealing a pre-tax profit of £1.1m compared to £508,333. In setting its £100m target for 2016, the Bradford-based operator has stated […]

News

Profit and turnover up at Goldstar Transport

January 8, 2013 Christopher Walton

Container haulier Goldstar Transport saw an 8.6% increase in turnover and a pre-tax profit rise of 35% in the 12 months ending 31 July 2012. The Felixstowe-based haulier, which has depots in Tilbury, Rochester, Southampton, Bristol, Liverpool, Birmingham and Wakefield, said in its annual report that turnover rose from £65.4m in the previous financial year to £71m. Pre-tax profit increased to £2.1m from £1.6m in 2011. In the report the firm added that gross profit margin had increased to 11.5%, […]

News

Bibby Distribution restructures for 2013

January 2, 2013 Christopher Walton

Bibby Distribution has reorganised internally following a  two year acquisition spree and a series of contract wins and renewals in 2012. It will now divide its operations across four separate customer sectors; food manufacturing, FMCG, packaging, and paper and industrial. Iain Speak, chief executive of Bibby, told MT.co.uk that the changes were necessary in order for each division to be seen as experts on the customer sectors they serve. “We have made organisational changes so that we can articulate better […]

Industry News

2012 – the Motor Transport headlines

December 31, 2012 Christopher Walton

Motor Transport: A Year in Review The industry has faced a challenging 2012 and since its launch in March, MT.co.uk has been here to cover the ups and the downs. Here is a month by month guide to the big stories of 2012. January saw B2C parcel operators report record Christmas volumes as a result of the biggest online Christmas the UK had ever seen. Hermes delivered 15 million items in its 2011 Christmas peak, while Yodel delivered 20 million […]

News

Loss at Evans Transport after depot dispute

December 24, 2012 Christopher Walton

North-Devon haulier Evans Transport slipped into the red after being forced to write-down an exceptional charge of £310,000 relating to its Anchor Mill, Barnstable depot. Evans Transport posted a pre-tax loss of £149,552 for the 12 months ending 31 March 2012, compared to a pre-tax profit of £150,391 in the previous period, but said it would have registered an underlying pre-tax profit of £160,000 were it not for the exceptional item. In its annual report the haulier explained that it […]

News

Gist restructures European business

December 17, 2012 Christopher Walton

Gist has re-branded and restructured the European arm of its business, bringing several different operating companies and centres under one roof. In 2005 Gist acquired G Van Dongen Holdings, a conglomerate of seven temperature-controlled operators based in the Netherlands and Spain, with a customer base including Flowerplus, Fritolay, Maersk, and Tetrapak. Now, all seven businesses will run under the Gist banner from a central hub in Bleswijk, the Netherlands. Chief executive  Martin Gwynn explained: “Traditionally these businesses have been running […]

News

Yusen Logistics to spend £9m on upgrades

December 14, 2012 Christopher Walton

Yusen Logistics is to spend some £9m upgrading its fleet and IT systems  after merging its road transport operations with its  air and sea freight forwarding businesses last year. Some £7m will be spent on a combination of vehicles and mechanical handling equipment as well as trailers including pillar-less tri-axles with sliding suzies, and its Department for Transport allocation of five 15.65m trailers. The IT investment will see £2.2m spent on infrastructure and its transport management software. MD Ian Veitch, […]

Industry News

GFS launches new products to help manage surging e-commerce sales

December 7, 2012 Christopher Walton

Crawley-based Global Freight Solutions (GFS) has launched a suite of products it claims will make it easier for retailers to manage their interaction with parcel carriers. GFS said that faced with an ever-increasing volume of parcels, primarily generated by online retail, some parcel operators have attempted to manage the strain on infrastructure by setting limits on the number of items which they are prepared to carry. This was seen last month Yodel said it had capped the amount of parcels […]

Industry News

Chancellor freezes fuel duty in Autumn Statement

December 5, 2012 Christopher Walton

The chancellor has frozen fuel duty in his Autumn Statement today, meaning the scheduled rises scheduled for January and April next year will no longer take place. George Osborne gave no hint of a cut but said fuel would only see “inflation only rises” until September – effectively meaning the April 2013 increase has been deferred to 1 September 2013. PriceWaterhouseCoopers forecast the move would cost the public coffers £6bn, although research commissioned by campaign group FairFuelUK argued the planned […]

News

TNT Post dismisses Communication Workers’ Union attack

December 4, 2012 Christopher Walton

Final mile postal workers could boycott mail handled by private sector firms in the new year,  after a consultative ballot of Communication Workers’ Union (CWU) members at the Royal Mail. The union said that it had concerns that competition in the market for final mile postal deliveries, from the likes of TNT Post, was “undermining the sustainability of the universal service”. It is calling for postal regulator Ofcom to: Protect the universal service and end cherry-picking of delivery services. Maintain […]