All Article articles – Page 672
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Clipper's finances in good shape before IPO
On Friday Clipper Logistics Group began offering shares on the London Stock Exchange, a fair few years after the idea was first floated.Early indications are that IPO was a wise choice for the firm. At the end of the first day of conditional trading, its share price jumped to 112.5p ...
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Pollock's seven figure purchase
More light has been shed on Pollock (Scotrans) purchase of fellow Palletways member Gilbraith (TS) earlier this year for what it described as a “seven figure purchase”.According to abbreviated accounts for Pollock (Scotrans) filed at Companies House, the purchase price was £725,000, not quite seven figures, but the company has ...
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TM disqualified for failing to train drivers
A transport manager has lost his repute indefinitely for failing to make sure his drivers had started their Driver CPC training, resulting in high levels of drivers' hours infringements.Addressing a seminar at the Tip-ex and Tank-ex 2014 exhibition in Harrogate, North East of England traffic commissioner Kevin Rooney (pictured) said ...
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Eveready adds rigids with Ryder
Plant and tool hire specialist Eveready Hire is expanding its fleet, after taking delivery of three Euro-5 rigids on contract hire from Ryder.Two 18-tonne Daf LF55s and one 26-tonne MAN TGF join the fleet at the ten-year old own-account operator and will run out of its depots in Watford, Leatherhead ...
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Tipper and tanker sectors celebrate achievements at awards ceremony
Nearly 400 industry guests attended a glitzy gala dinner and awards ceremony in Harrogate’s Majestic Hotel this evening (30 May) to recognise outstanding achievements in the tipper and tanker sectors.Capping off day two of the Tank-ex and Tip-Ex 2014 exhibitions, the event saw four awards presented to companies and individuals ...
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Clipper sets date for IPO
Clipper Logistics Group is to begin trading fully on the London Stock Exchange on Wednesday 4 June. The placing price has been set at 100p per share and will comprise of 100m ordinary shares.Conditional trading began today (30 May) at 8am under the CLG ticker with 49m shares on offer. ...
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TfL confirms Congestion Charge to rise 17% for fleets
Fleet operators making deliveries into London will be hit by a steep 17% price increase for entering the Congestion Charge from next month, Transport for London (TfL) has confirmed today (28 May).Following a 10-week public consultation launched in January, the price for registered fleet users (six or more vehicles) ...
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Wincanton braces itself for industrial action by URTU members
URTU members employed by Wincanton working at the HJ Heinz factory near Wigan have voted in favour of industrial action following a pay dispute.Should industrial action take place between Monday 2 June and Friday 5 June Wincanton has said that comprehensive contingency plans are in place to “ensure that the ...
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Everything you wanted to know about London cycle safety standards
As pressure has mounted on vehicle operators to do everything possible to reduce the risk of collisions with cyclists, the number of standards their drivers and vehicles are expected to meet has multiplied…No truck operator or driver wants to be involved in a collision with a cyclist and many firms ...
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Bibby Distribution to change its name
Bibby Distribution Services is to change its name to Bibby Supply Chain Services following its return to profitability in 2013.As exclusively revealed by Motortransport.co.uk yesterday, the operator, part of Bibby Line Group, returned a profit for the financial year ended 31 December 2013 after it suffered a loss in ...
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London Linen introduces Euro-6 to fleet
London LinenShown here underneath The Shard is the first Euro-6 vehicle to enter service for London Linen, a 7.5 tonne Iveco Eurocargo supplied by Fraikin. The truck, provided under a five-year contract hire agreement, will be used for delivery and collection of linen to high-end restaurants across the capital.It features ...
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When September comes: Driver CPC
NFTSpeaking to NFT boss David Frankish about the operator’s plans now its under new ownership, The Hub was interested to hear that despite the chilled firm’s scale and reputation its CEO remains wary of what September’s Driver CPC deadline could bring.“It’s on our radar,” said Frankish. “I’m sure at the ...
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Who received the most mechanical prohibitions last year?
Operators in London and the south east were the least compliant in terms of keeping their vehicles well maintained last year.This was one of the main findings from a recent investigation by MT’s sister title Commercial Motor, based on data released by the DVSA.The DVSA’s data suggested that between 1 ...
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APN reveals double-digit pallet volume boost
The Association of Pallet Networks (APN) has revealed a 16% increase in volumes for the first quarter of 2014 compared with the same period last year, with members delivering more than 4.6 million pallets between January and March.APN chairman Paul Sanders also announced the organisation’s continuing support and sponsorship of ...
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Hermes opens £14m Warrington hub
Hermes opened its 160,000ft² Warrington hub last week, which is capable of handing 550,000 parcels per day.The £14m hub will help the operator expand its next-day and international delivery services, as well as increase capacity for the Christmas peak.An automated scanner with the ability to process 20,000 parcels an hour ...
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ADC (East Anglia) a winner with Isuzu
Isuzu Trucks has revealed the lucky winner of its CV Show 2014 competition to win a trip for two to Verona, Italy, as Steve Paige, director of drainage company ADC (East Anglia).Located in the Fens region bordering Norfolk, Cambridgeshire and Lincolnshire, ADC runs a fleet of specialist service vehicles and ...
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Bibby Distribution is back in the black with £4.6m profit
As promised last year (MT 21 October), Bibby Distribution has returned a profit for the financial year ended 31 December 2013 after it suffered a loss in its subsidiary System Training in 2012.Bibby Distribution Services (Holdings) turned a pre-tax loss of £4.6m in 2012 into a pre-tax profit of £4.6m ...
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Asos in DC charges row
Fashion retailer Asos has been dragged into the row over the high penalty charges applied by some retailers to suppliers whose vehicles deliver outside agreed times or present goods in what is deemed to be a non-compliant fashion.MT has seen evidence from one of Asos’s suppliers listing penalties of up ...
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Compliance improving in Northern Ireland
Belfast, Northern IrelandCompliance levels in Northern Ireland have continued to improve, the latest figures from the Driver & Vehicle Agency (DVA) show.According to the DVA’s latest compliance survey, 640 goods vehicles over 3.5 tonne GVW were examined in random roadside checks in Northern Ireland in 2013-2014 with just 20% (128) ...
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Cobley Transport to start building new home this summer
Cobley TransportLeicestershire-based Cobley Transport will start work on a £4m purpose-built home in Broughton Astley this summer, in what should be a transformational move for the business.It will bring Cobley’s operations under a single roof for the first time in years, as currently its business is split between Broughton Astley ...