News

Hermes slashes CO2 emissions

June 21, 2012 Hayley Pink

Hermes has slashed its CO2 output by 6% in the past year, with the business achieving savings of 18.4% since 2008. The parcels firm has set itself a target of a 20% reduction by 2015. The reductions are part of a strategy implemented by German parent Otto Group, which requires a 50% reduction across the entire business by 2020. In the past 12 months, Hermes has adopted automated transmission across all tractor units within its trunking operation, which has improved […]

News

Boughey owner NWF Group in line with expectations

June 19, 2012 Hayley Pink

Boughey Distribution’s parent company NWF Group  says trading for the year ended 31 May has been in line with expectations. However, its food division, which incorporates the activities of Boughey Distribution, has experienced a weaker second half, which NWF says reflects lower volumes stored in the business. Nevertheless, the division’s profit contribution is expected to be ahead of expectations when the full-year results are announced on 14 August. NWF’s fuel distribution business has suffered a “disappointing” year, which the group […]

Stobart Group to purchase Autologic
News

Stobart Group in for Autologic with £12.4m cash offer

June 19, 2012 Christopher Walton

Stobart Group has made its expected formal offer for car-transporter firm Autologic, which values the company at £12.4m. The deal would in effect see Stobart become the largest car-transporter haulier in the UK. Both parties have been in talks since Thursday 24 May and Stobart has made the offer in cash through Stobart Holdings Limited. Autologic is recommending the deal, which is the equivalent of 20p per share, to  its shareholders. Avril Palmer-Baunack, chief executive of Autologic, says: “The combination […]

News

Lenham Storage turnover up 17.6%

June 15, 2012 Christopher Walton

Kent-based haulage group Lenham Storage saw only a modest increase in its profit last year due to the soaring price of fuel, despite a 17.6% rise in turnover across the group. Combined results for Lenham Storage Company and smaller sister-company Lenham Storage (Southern), which are published separately, show that turnover rose from £24m to £28.2m for the year-ending 31 August 2011. However, pre-tax profit only rose from £562,174 in 2010 to £591,263 (5.2%) in the period. A spokesman for the […]

Wincanton
News

Wincanton on track to return to profit in the coming year

June 15, 2012 Chris Druce

Wincanton will be back in the black this financial year as the group’s extensive restructuring and disposals programme bears fruit. Wincanton chief executive Eric Born tells MT: “When [we] started this programme we said it would take two years to arrest the decline. We are bang on track. It’s absolutely what I’m expecting.” A year of restructuring and disposals saw it sell its European operations to focus on the UK and Ireland, dispose of its 20% shareholding in Culina Logistics […]

News

Hoyer profit falls as it warns of “challenging” future

June 13, 2012 Laura Hailstone

Hoyer says 2012, and the medium term future, will be a “challenging period” as the bulk liquid giant reported a 6.8% fall in pre-tax profit to £3.5m for the year ending 31 December 2011 (2010: £3.8m). Turnover for the period also fell, by 3% to £133m (2010: £137.7m) according to results filed at Companies House. In its air gas business, Hoyer saw turnover reduce by some £3m following the loss of the Air Liquide contract at the end of August […]

News

UPS under starter’s orders to deliver Paralympic kit

June 12, 2012 Hayley Pink

UPS is under starter’s orders for the delivery of team kit to more than 300 London 2012 Paralympic athletes. The operation will require the warehousing, packing and delivery of more than 27,000 items. Kit will first be warehoused, before being picked and packed for athletes according to their size and individual requirements. Items will all be scanned to ensure stock control, before being loaded into kit bags for delivery. Each athlete will receive three official kit bags containing their competition […]

SJ Bargh
Contract Wins

SJ Bargh wins Dairy Crest contract renewal

June 8, 2012 Chris Druce

SJ Bargh has revealed another win in the dairy sector, with the news that it has renewed its contract with Dairy Crest. It comes a week after the business revealed it had signed its first totally organic milk collection contract with the Organic Milk Suppliers Cooperative. The contract extension sees SJ Bargh collecting both ordinary and organic milk from farms in Dairy Crest’s North Midland’s milk field. The deal builds on an eight year relationship between the two parties. The […]

News

Hellmann Worldwide sees volumes rise in Q1

June 7, 2012 Christopher Walton

First quarter volumes increased by 2% at Hellmann Worldwide Logistics UK, with the company’s gross margin also up four percentage points compared with the same period in 2011. The company says that while volumes have remained steady, profitability has improved due to a new trailer planning system in operation, and growth through business won in the latter part of 2011. Hellmann also cites an upturn in UK exports to non-EU countries and Germany as a key contributory factor to maintaining […]

Domino's Pizza
News

Domino’s grants Euroway vehicle fleet exclusivity

June 7, 2012 Chris Druce

Domino’s Pizza has granted rental company Euroway a two-year fleet exclusivity deal to provide it with vehicles on a contract hire basis. The deal also comprises a FleetSure fleet maintenance contract for the pizza delivery chain’s 60-strong vehicle fleet, which operates out of three sites: Milton Keynes, Penrith and County Kildare’s Naas. Euroway will initially provide 20 vehicles – Daf trucks and Fiat Ducato vans -on a replacement basis (on five-year contract hire terms), but Domino’s expects its fleet size […]