News

CVA at Circle Express

May 14, 2012 Hayley Pink

Creditors at airfreight haulier Circle Express unanimously voted to approve a company voluntary arrangement (CVA). The Slough-based logistics firm appointed turnaround firm KSA Group to devise a CVA to enable the business to carry on trading while it repays its debts over five years at a rate of 38.3p/per pound owed for unsecured creditors. In its CVA submission, seen by MT.co.uk, Circle explains how rising fuel prices in 2008 led to diesel costs outstripping the company’s fuel surcharge, set at […]

News

UPS employs two wheels, two feet and the River Thames for Games deliveries

May 9, 2012 Hayley Pink

UPS has revealed it will be using bicycles, couriers on foot and London’s waterways in a bid to minimise delivery disruption during the Games period. Following successful trials in January and February in multiple postcodes around central London, the US logistics giant has decided to incorporate a fleet of bicycles into its operation, which will be able to access most nearside Games Lanes on the designated Olympic Route Network. The company will also transport freight from a warehouse at the […]

News

Canute Group buys 12th warehouse

May 9, 2012 Chris Druce

Essex-based Canute Group has bought its 12th warehouse site, a facility in Great Blakenham, Suffolk. The development marks the 12th site to be added to Canute’s expanding portfolio of facilities throughout the UK, following the addition of the Coventry and Warrington depots. Supporting the Port of Felixstowe, the 105,000ft² site will have up to 12,500 pallet spaces, small item picking and bulk stack areas. David Emslie,  Canute’s group sales director, says: “The location of the depot, with its close proximity […]

News

Significant improvement expected at CityLink despite widening losses

May 8, 2012 Derren Hayes

City Link parent Rentokil Initial is optimistic the troubled parcel carrier is on the road to recovery despite its latest results showing losses increased in the first three months of the year. In his statement to the market, Rentokil Initial CEO Alan Brown, says City Link losses were higher than the previous year but that performance of the business improved through the first quarter as its new management team started to implement their plans. Brown adds: “We expect a significant […]

News

DHL Express opens Kent DC

May 8, 2012 Derren Hayes

DHL Express has opened a new service centre in Maidstone, Kent, to manage a 40% increase in export business in the area. The new 24,000ft² centre is predicted to handle 750,000 shipments annually, and will offer international (express parcel) services to and from the UK, including a drop off and collection facility. Phil Couchman, CEO of DHL Express UK and Ireland, says: “This strategic investment in the Maidstone area is reflective of the strength of our growing logistics network in […]

News

Yearsley Group begins £20m depot expansion

May 4, 2012 Christopher Walton

Frozen food specialist Yearsley Group is to expand cold storage facilities at its Hareshill Distribution Park headquarters in Manchester. Construction of a new 160,000ft² unit, adjacent to its existing facility, will begin in June to help meet demand from its growing portfolio of contracts. Once completed, the new £20m Hareshill unit will add 40,000 pallet spaces, doubling storage capacity, and increasing the workforce by 150. It will also include a range of environmentally-friendly design features including high grade insulation and […]

News

Europa Worldwide opens £20m DC

May 4, 2012 Christopher Walton

Freight and warehousing specialists Europa Worldwide Logistics has opened a new £20m purpose-built distribution centre in Birmingham. Constructed in just 24 weeks, the new 155,000ft² facility at ProLogis Park, Minworth, brings together a number of the company’s operating divisions under one roof, including European express, seafreight, national distribution, exhibition and project forwarding and logistics services. The firm, which has been running for nearly 50 years, has been operating from Birmingham since 1985. The Minworth facility employs 100 staff, has 15,000 […]

News

Redhead International opens Bristol depot

May 3, 2012 Chris Druce

Redhead International has opened a new depot in Bristol to provide a platform to drive growth into Eastern Europe, including Russia and the Balkan states. The new service will particularly appeal to businesses looking to transport between one and four pallets internationally, says Redhead. Tony Suggitt, Redhead’s joint MD, adds: “The success of the new facility in Bristol is very important to our growth plans. “It provides us with a platform to offer our industry renowned flexible solutions to companies […]

Gregory Distribution
News

Gregory Distribution orders 300 Scanias

May 2, 2012 Chris Druce

Gregory Distribution has opted to re-fleet with Scania trucks, with 300 units due to be delivered to the North Tawton, Devon-based operator during the next three-years. The decision to replace around two-thirds of Gregory’s vehicle fleet with Scanias comes after comparative fuel trials featuring trucks from four manufacturers. John Gregory, chief executive of Gregory Distribution, says: “The results were extremely encouraging and this, backed with factors such as driver appeal and the extensive range of maintenance services offered by Scania […]

News

Turnover up 13.7% at Langdons Industries

May 2, 2012 Christopher Walton

Controlled temperature specialist Langdons saw a 13.7% increase in turnover as it felt the benefit of a £9m investment it its Redditch depot. For the year ending 31 December 2011 turnover at Langdons Industries was £67.5m (2010: £59.4m), while pre-tax profit rose to £2.7m from £2.1m in the previous 12 month period. Arran Osman, MD at Langdons, says that return on sales has “settled back to expected levels based on performance in 2009” as “profit in 2010 had been significantly […]