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All Article articles – Page 472
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ArticleAspray takes the pain as it positions itself for future gain
A turn-round strategy introduced at Aspray Transport last year led to the next day carrier spending almost £400,000 to tackle a "highly challenging" environment resulting in the firm recording a loss.For the year ending 30 June 2017, the company, which trades as Aspray24, reported turnover fall of £32.4m (2016: £49m ...
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ArticleCaldicot Group snaps up Overbrook Recovery
Gwent-based recovery firm Caldicot Group has acquired Overbrook Recovery in a move which will see the company expand its portfolio of depots to four regional centres.The deal see Caldicot Group take over Gloucestershire-based Recovery Group’s 30-strong staff and two depots, including an MOT and vehicle recovery centre in Hakwell in ...
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ArticleMatthew Kibble Transport buys Fullforce Logistics
Matthew Kibble Transport has bought Coventry-based Fullforce Logistics.This latest acquisition, which follows the purchase of Kent-based Shakespeare Transport in March 2015, sees the Lancashire haulier broaden its geographical reach and gain a new Midlands operating base.It said further acquisitions are on the cards.Under the terms of the sale, former Fullforce ...
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ArticleShop Direct consolidates three fulfilment centres into one
Online retailer Shop Direct – owner of the Very and Littlewoods brands – is to open a 500,000 ft2 automated fulfilment centre near Castle Donington in Leicestershire.The new facility will replace three operations in Greater Manchester and will allow Shop Direct to increase its cut-off time for next-day delivery from ...
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Institute of the Motor Industry says apprenticeship levy complexity is hurting figures
The Institute of the Motor Industry (IMI) has called for reforms to the apprenticeship levy after take up figures for apprenticeships continued to decline in the UK a year after the tax went live. Steve Nash, chief executive of the IMI, said that while numbers in the motor industry are ...
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ArticlePremier Logistics MD confident firm will bounce back
Premier Logistics MD Lee Christopher has predicted the haulier will bounce back after two disastrous acquisitions and the end of its Pall-Ex work led to a £1m loss that triggered an emergency loan from its new network. The Leicestershire firm’s recently published accounts for the 16 months to 30 April ...
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ArticleRoad transport gender pay gaps exposed
The transport sector is guilty of paying men more than women, with nine of the top 10 companies in the MT Top 100 reporting a gender pay gap. The deadline for reporting gender pay gaps for companies with more than 250 employees passed last week.The outcome was a median average ...
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ArticleOwens Group enjoys strong revenue growth after steel sector recovery
Recovery in the UK steel sector combined with new contract wins helped boost Owens Group's turnover by more than a fifth last year.Reporting its results for the year to 30 June 2017, the company, which rebranded to Owens Group in 2016, recorded a 22% rise in turnover to £55.6m (2016: ...
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Moya Greene expected to leave Royal Mail in coming weeks
Royal Mail CEO Moya Greene is rumoured to be preparing to step down, with the head of the business's GLS division tipped to fill her shoes.Greene has been the CEO of the delivery giant for eight years, during which time she has overseen the privatisation of the business and the ...
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ArticleWincanton extends Halfords contract for five more years
Wincanton has signed a new five year contract with cycling and car accessories retailer Halfords, extending the partnership between the two companies to 8 years.Under the deal, Wincanton will remain Halford’s sole UK supplier of transport services, delivering car maintenance, car enhancement, car servicing, cycling and travel products from Halfords’ ...
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Eddie Stobart's push into manufacturing, industrial and bulk delivers growth
Eddie Stobart Logistics has seen its push around manufacturing, industrial and bulk (MIB) pay off handsomely, with the segment now its biggest turnover contributor, the firm said today (10 April).In the full year to 30 November 2017, the firm, which trades as Eddie Stobart, saw turnover growth of 37% in ...
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ArticlePentalver Transport opens expanded container facility at DP London World Gateway
Pentalvar, ActrosContainer haulage specialist Pentalver Transport has opened its expanded container facility at DP World London Gateway deep sea port and logistics park on the River Thames.The expanded site adds 40% additional capacity to Pentalver’s London Gateway operation, which includes loaded and empty container storage, reefer and dry container maintenance ...
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ArticleTRL to give platooning trial update at Microlise Transport Conference
The leader of the UK's platooning truck trial is to speak at the Microlise Transport Conference, and update the industry on the trial's progress.The Transport Research Laboratory (TRL) was given the project by Highways England and the DfT last year, and will be represented by its CEO Rob Wallis at ...
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ArticleBrexit uncertainty means demand for warehousing expected to increase
New research reveals that, despite concerns about the economy, more companies intend to expand their warehousing than reduce it in the next two years.A survey by the UK Warehousing Association (UKWA) and property group CBRE found that a fifth of logistics occupiers planned to increase their warehouse portfolio while only ...
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DX Group does not have time to waste as turnaround plan gathers pace
DX Group’s new management team said last week that its turnaround strategy was gathering pace at the embattled business.With a pre-tax loss before exceptional items of £9m (2016: £500,000 loss) and a cash call for £4m from investors to allow it to deliver its vision for the reborn group, its ...
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AM Widdowson & Son successor was worthless by the end of its long road
AM Widdowson & Son ended its days with a whimper, after a CVA and two pre-pack administrations left little more than a husk, a new progress report confirms.Following the Leicester-based haulier’s purchase by Malta registered HLD Group in 2015, it went through the insolvency process several times under the administration ...
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Widdowson Logistics successor will survive difficult birth, says director
Glenfield Storage Solutions, a successor company to failed Widdowson Logistics, remains a going concern despite net liabilities of close to £98,000. Reporting its performance for the year to 31 March 2017, the company’s sole director Adam Clements conceded the business, which is based at Mill Lane Industrial Estate in Leicester ...
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New EU law to improve truck emission and fuel consumption transparency
A new law requiring truck manufacturers to measure and publish the CO2 emissions and fuel consumption of new lorries has been given the green light by MEPs.The new law, which is expected to come into force next year, could see the cost of new trucks slashed by increasing competition between ...
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XPO Logistics extends contract with Daloon Foods
XPO Logistics has extended its contract with Izco Food Group subsidiary Daloon Foods. XPO will continue to deliver inbound product clearance, storage, repacking, order preparation, consolidation and outbound transport of around 700 pallets a week for the frozen food producer at its temperature-controlled warehouse in Easton.The shared-user facility allows XPO ...