News

Palletline Logistics (Midlands) has CVA approved

May 17, 2012 Chris Druce

Creditors of Palletline Logistics (Midlands) have voted in favour of the company voluntary arrangement (CVA) applied for by the haulier last month. MD Bob Russett (pictured) told Motortransport.co.uk he had mixed feelings after approval of the CVA this week (16 May): relief that it had passed ensuring a future for the business, but disappointment that the action had been necessary. “We are trading profitability and intend to keep doing so,” says Russett. The Birmingham haulier’s cashflow problems stemmed from errors […]

News

Eddie Stobart profit falls as increased costs bite

May 17, 2012 Christopher Walton

Stobart Group’s transport and distribution division, Eddie Stobart, saw revenue grow but profit fall in its most recent trading year, as it failed to cover increased costs through rate rises. For the 12 months ending 29 February turnover rose to £519.5m from £475.3m a year ago. However, pre-tax profit fell from £34.2m to £27.4m, due to cost increases of £4m “which have not been fully recovered through rate increases, mainly due to the increase in our customers’ costs”. Furthermore, £11.4m […]

Contract Wins

Lloyd Fraser expands fleet after fashion win

May 16, 2012 Hayley Pink

Lloyd Fraser Group has placed a 55-truck order with rental firm Ryder following a major 3PL contract win with an undisclosed fashion retailer. The order comprises 45 rigids – 16 Daf LF 7.5-tonners and 29 CF 18-tonne box trucks – which will be used on multi-drop delivery work, as well as 10 Renault Premium 44-tonne tractor units, which will be used on overnight trunking runs to the company’s five hubs. Ryder won the contract following a competitive tender, and Lloyd […]

Industry News

News extra: Operators respond to tight market

May 16, 2012 Christopher Walton

Smaller volumes and higher costs: 2011 was a pretty gloomy year by anyone’s standards. The outlook for the rest of 2012 is not much better but operators are greener and more efficient , according to a joint report by the FTA and PricewaterhouseCoopers (PwC) UK. “In the past recovering from a downturn was a more predictable business,” says Coolin Desai, logistics industry leader at PwC UK. “Three years into the financial crisis, uncertainty and volatility have become the baseline expectation.” […]

News

Nightline celebrates 20 years in business

May 15, 2012 Hayley Pink

Irish parcels firm Nightline celebrated its 20th year in business with a visit from Ireland’s deputy prime minister Eamon Gilmore. Speaking at the firm’s Dublin headquarters, Gilmore said Nightline’s success during a period of economic uncertainty was due to the company’s “solid foundation” of innovation, commitment and hard work. He added:  “Businesses like Nightline are important to not only the national economy but also local communities through employment and local expenditure.” Nightline began trading in May 1992 from a back […]

News

DPD reacts to Money Saving Expert’s consumer campaign

May 15, 2012 Hayley Pink

DPD is urging the parcels sector to focus on helping retailers avoid unhappy customers through failed deliveries following a new consumer campaign launched this morning on ITV’s Daybreak programme, Stand and Deliver. Speaking in reaction to Money Saving Expert Martin Lewis’s campaign to help shoppers stand up for their rights after a failed parcel delivery, DPD CEO Dwain McDonald says the spotlight is now on both the delivery sector and online retailers. He adds: “Both parties have to work together […]

News

Deben Transport offer lifeline to Catalyst subbies

May 15, 2012 Chris Tindall

Subcontractors for failed intermodal container haulier Catalyst Road and Rail Services have been handed a lifeline after Deben Transport stepped in to take on some of the work. Catalyst Rail Services, which holds two O-licences for a total of 25 vehicles and 29 trailers entered voluntary liquidation on 24 April. In a statement of affairs the liquidator estimates that trade and expense creditors are owed £982,000. It also said that the company’s books and records revealed that its bank account […]

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Industry News

Research seeks answer to what makes a great leader

May 15, 2012 Motor Transport

The Work Foundation is looking for SME bosses to take part in a research programme that will try to identify the keys to great leadership in SMEs. The charity, which is part of Lancaster University, hopes to discover how investment in leaders can help SMEs continue their development. The research will focus on companies with between 80 and 250 employees. Dr Wilson Wong, senior researcher in the centre for work effectiveness at the Work Foundation, says: “We hope to build […]

Industry News

Operators face fines if drivers don’t hold Driver Qualification Cards

May 14, 2012 Chris Druce

Logistics employers will face a £1,000 fine if their drivers are caught working professionally without having a Driver Qualification Card (DQC) with them. The Driving Standards Agency (DSA) warns that not only will drivers themselves be fined up to £1,000 if they can’t produce a DQC when stopped by Vosa, but operators will also be liable and hit too. Vosa has begun handling out DSA-sanctioned leaflets at enforcement checks clarifying the legal position around Driver CPC, and the requirement for […]

News

Autologic acquires Spirit Motortransport assets

May 14, 2012 Christopher Walton

Autologic has made its third asset acquisition from failed car transporter hauliers in as many years. Through its subsidiary Walon it has acquired certain assets of Spirit Motortransport, which entered administration on Friday 11 May. Autologic says the assets acquired comprise car transporters, IT and office equipment and the goodwill attached to the Spirit name. Avril Palmer-Baunack, chief executive of Autologic, says: “We have taken the opportunity to acquire further key assets that strengthen our operational transporter fleet, which is […]