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All Article articles – Page 172
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Article
Wincanton defies economic headwinds to deliver "good" operational progress
Wincanton is making "good operational and strategic progress" and trading in line with current market expectations, despite the wider economic headwinds, according to its latest trading update.The update, released ahead of its AGM today (12 July), revealed that group revenue for the first quarter of this financial year grew by ...
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Article
DX appoints two non-executive directors with logistics experience
Parcels and logistics company DX Group has recruited Jonathan Kempster and Michael Russell to the board as non-executive directors, with immediate effect.Kempster has been appointed as chair of the audit and risk committee and Russell has taken on the role of chair of the remuneration committee. Kempster brings over 30 ...
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Article
Fuel costs: Watchdog to investigate refinery prices
The Competition and Markets Authority (CMA) is to launch an indepth investigation into fuel refinery prices after raising concerns about the gap between the price of crude oil when it enters refineries, and the wholesale price when it leaves refineries as petrol or diesel.The move follows the CMA's review of ...
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Article
Pall-Ex veteran scheme wins MoD Gold award
Pall-Ex has achieved the rare honour of an Employer Recognition Scheme (ERS) Gold Award from the Ministry of Defence for its support of the Armed Forces community.The logistics network, which reached Bronze status in 2019, followed by Silver accreditation in 2020, has been awarded the Gold accreditation in recognition of ...
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Article
Menzies Distribution continues on acquisition trail after boosting profits in 2021
Menzies Distribution is open to more acquisition opportunities as it continues to diversify its portfolio, aided by a leap in profit in 2021, a debt refinancing and the buy-out of its defined benefit pension scheme.Revealing its results for the 53 weeks to 1 January 2022, the company reported that revenue ...
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Article
GeoPost and DPDgroup ramp up net zero targets
DPDgroup is planning to boost its use of electric vans, bikes and on foot deliveries for the first and final mile to 85% and shift 50% of its linehaul operations to either alternatively fuelled vehicles or to trains by 2035.The plans are unveiled today (11 July) in the group's submission ...
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ArticleTech firm wins £4.8m grant to convert household waste into biohydrogen
Advanced Biofuel Solutions (ABS) has won a £4.8m grant to convert household waste into biohydrogen for use in the transport sector.Awarded as part of a competition launched by the Department for Business, Energy & Industrial Strategy (BEIS), the grant will help support the tech firm's project, undertaken in collaboration with ...
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ArticleShapps urges industry to back Generation Logistics and build workforce for the future
Transport secretary Grant Shapps has urged hauliers to support the new recruitment campaign Generation Logistics and secure the future longevity of the industry.In an open letter, Shapps said the pandemic had demonstrated the strategic importance of supply chains and workers, but that the industry now faced a new challenge: attracting ...
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ArticleFirst Hydrogen appoints Allan Rushforth as chief commercial officer
Hydrogen vehicle manufacturer First Hydrogen has recruited Allan Rushforth as chief commercial officer for its automotive division.Rushforth whose previous posts include former vice president of global sales and performance at Nissan and chief operating officer at Hyundai Motor Europe, has worked in the automotive industry for more than 35 years.During ...
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Article
New AutoMotive launches electric van tracker to monitor van fuel transition
Nearly one in ten new vans registered in June this year were fully electric – double the number of electric vans registered in June 2021, according to a recently launched tracker from transport research specialists NewAutomotive.The Electric Van Count (EVC) tracks the transition of vans from diesel to electric in ...
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ArticleFORS in drink and drugs crackdown amid rise in road accidents
Companies signed up to the Fleet Operator Recognition Scheme (FORS) must now have policies in place to ensure their drivers are not impaired through drink and drugs, amid a growing trend of incidents on the roads.The latest standard of the scheme also outlines what action should be taken by operators ...
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Article'Build your defences now before downturn really bites,' struggling sector warned
Transport firms should be preparing to safeguard their operations from economic decline as the country teeters on the edge of recession, according to Bibby Financial Services (BFS).It said rapidly rising inflation, persistent supply chain issues and labour shortages would worry many businesses - and with a potential recession looming, hauliers ...
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ArticleWincanton faces strike action amid claims employee was sacked over trade union activities
The United Road Transport Union (URTU) said Wincanton’s delivery work for Wilko would be affected after members voted to strike in a dispute over a staff sacking.Industrial action is due to take place on 18 July and URTU said store deliveries serviced by the Magor distribution centre in South Wales ...
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Article
Recovery threatened by fears for the future, brand-new industry research reveals
The industry is fighting back from the effects of the pandemic, but a range of challenges are continuing to hamper confidence, according to a major new survey of operators.The 2022 edition of the Asset Alliance Industry Monitor asked 256 senior leaders from haulage and logistics firms to gauge the health ...
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ArticleGetlink reports 9% year-on-year increase in cross-channel HGV traffic
More than 125,000 HGVs crossed the Channel aboard GetLink’s Le Shuttle service in June, a 9% increase on the same period last year.Le Shuttle Freight transported a total of 125,672 trucks, according to the former Groupe Eurotunnel.It added that since the beginning of the year, 767,000 lorries have crossed the ...
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ArticleBridgestone signs tyre deal with Seven Asset Management
Contract hire firm Seven Asset Management has entered into a three-year deal with Bridgestone to manage its tyre programme across its range of trucks, trailers and vans.Its reporting systems and partner dealer network were both cited as reasons for Seven Asset’s decision to work with the tyre firm.Greg Shaw, Seven ...
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Article'Political chaos has come at worst possible time,' warns Parcelhero as costs crisis hits 61% of operators
Almost 61% of transport and storage firms are struggling with soaring costs because of the rise in fuel prices, according to latest figures.The Office for National Statistics (ONS) said 60.9% of businesses in transportation and storage reported an increase in the price of goods or services they bought in May.In ...
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ArticleCost pressures dent Benton Bros profits
Benton Bros (Transport) reported a £190,000 pre-tax loss last year as the Lincolnshire haulier faced increased costs.However, turnover at the Boston firm was up 1.4% to £11.8m in the year ending 31 January 2022 and it made an operating profit of £218,000, although this fell from 2021’s £469,000.MD Martin Benton ...
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ArticleModplan calls on Euro Commercials for new Mercedes order
Window firm Modplan put Euro Commercials in the frame for its growth plans when it ordered seven new Mercedes-Benz trucks.The Newport firm approached its local dealer for the Atego light and medium-duty vehicles in order to replace three from the previous Atego model generation and also to add four more ...