All Article articles – Page 725
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Profit trebles at Associated Cold Stores
Associated Cold Stores & Transport (ACS&T) felt the benefit of an upturn in trade due to the Olympics and the Diamond Jubilee last year, with both turnover and profit up year-on-year.For the 12 months ending 29 December 2012, turnover rose to £20.4m, from £18.7m a year ago. Pre-tax profit stood ...
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CitySprint turnover hits £100m after acquisition spree
CitySprint's series of acquisitions over the past 18 months has seen its turnover top £100m for the first time, but the same-day courier is now targeting organic growth for 2013.Pre-tax profit rose 33.6% to £10.64m (2011: £7.9m) in the year to December 31 2012 as turnover increased 36.1% to £101.1m ...
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Shop Direct's Basnett joins Yodel
Keith Basnett has joined UK parcel distributor Yodel as chief operating officer after eight years in the same role with 'digital department store' the Shop Direct Group.Shop Direct Group owns brands including Very.co.uk, Littlewoods and Isme.At Yodel, Basnett will oversee the 150 million parcel deliveries Yodel makes for leading UK ...
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Marks and Spencer to build third DC at London Gateway
Marks & Spencer (M&S) will complete the UK supply chain transformation it began in 2009 by building a major new DC at the London Gateway container port and logistics park.The 900,000ft² DC at the deep-sea port's logistics park on the Thames in Essex, 25 miles from central London, will be ...
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Hoyer insists UK remains important despite steady decline of volumes
Hoyer Petrolog has insisted that the UK remains an important market to the German multi-national transport giant, despite forecasting flat turnover in a bulk transport market that remains in "steady decline".However pre-tax profit in its UK business rose 29% to £4.2m for the 12 months ending 31 December 2013, from ...
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UK Mail launches cross-border parcel delivery for SMEs
UK Mail has launched an international parcel delivery service via its SME-targeted ‘ipostparcels’ brand.The company will offer delivery to 160 countries worldwide via road and air, with collections and movements throughout the UK made by UK Mail’s network.The service, which is aimed at online retailers and eBay and Amazon sellers, ...
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Allport sells Specialist Services division
Allport Cargo Services has sold its Specialist Services division to Bishopsgate Specialist Installations, Motortransport.co.uk can reveal.Specialist Services undertakes the delivery, positioning and installation of technical, sensitive and outsize consignments, such as ATM machines, gourmet coffee stations, computers and VT equipment.Last year it added its first ever Renualt Trucks to its ...
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Record breaking start to the year for pallet networks
A record-breaking amount of pallets were shifted by Association of Pallet Networks (APN) members during the first quarter of this year.APN members moved 3.5 million pallets through their hubs during the first few months of the year, representing the highest amount since benchmarking began in 2007, and a 4% increase ...
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DSV wins Stannah Stairlifts distribution contract
DSV’s road division has won a with Stannah Stairlifts in a deal that will see it become the sole logistics provider for its road distribution.The operator won the contract, which covers deliveries from Stannah’s UK manufacturing plant to customers across Europe, after it delivered a number of loads for Stannah ...
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MT Tracker 5 June
There is one share in transport that is having a little run at the moment. One that doesn't do it very often. After slipping to a low of 45p on 27 March, Wincanton keeps on growing. As of this morning it hit 82.35p - that's an 83% return on your ...
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C2C parcels a key growth area, says market analyst
With a privatised Royal Mail around the corner, parcel carriers will no doubt be wondering how they can compete with the carrier that services the majority of the C2C parcels market. But a new report by market analyst Apex Insight has highlighted one area that carriers should be working ...
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Groupe Samat UK goes back to black
Leeds-based Groupe Samat UK pulled itself out of the red last year, company results for the year to 31 December 2012 have revealed.Pre-tax profit at the chemical transport group amounted to £191,442, compared with a loss of £543,273 in 2011.Turnover fell 4.7% to £9.04m (2011: £9.48m).The directors’ report noted the ...
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Pulford focuses on Pallet-Track special projects
Pallet Track hub, WolverhamptonPallet-Track has appointed Mark Pulford, who has 14 years’ experience in the pallet network market, to head up a number of special projects.Pulford, who left his role as operations director at rival Palletline in February, was previously director of operations at Pall-Ex.He joins Pallet-Track Services, a ...
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Industry gives cautious welcome to cabotage change
The industry has broadly welcomed the European Commission’s (EC) decision to drop plans to lift cabotage restrictions, but said it wants the current rules to be more rigorously enforced.Brian Yeardley Continental MD Kevin Hopper said more needs to be done in the UK to ensure foreign operators’ work is being ...
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Beverley Bell's explosive evidence
Senior traffic commissioner Beverley BellOn Friday 31 May Motortransport.co.uk drew attention to senior traffic commissioner Beverley Bell’s concerns about the way in which Vosa was conducting its enforcement activities – and that the “serially and seriously non-compliant” were slipping through the net. It was quite the accusation.Bell’s evidence before the ...
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Come together, right now
A visit earlier this year to see the team at Pall-Ex covered a lot of topics, including rates and the inescapable industry topic of ever present rate pressure.Pall-Ex deputy MD Cris Stephenson was unequivocal on the subject, stating the only way to combat rate pressure was for operators to become ...
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Royal Mail misses first class delivery target
Royal Mail missed its first class mail delivery target last year, after it experienced final mile delivery difficulties during the Olympic and Paralympic Games, as well as the wintery weather throughout January, February and March.The operator missed its target to deliver 93% of all first class items the next day, ...
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Lenham Storage posts growth despite rates squeeze
Lenham Storage walked away from nonviable business last year rather than compromise its service standards, but the operator’s MD has warned that there has been no let-up in rate pressure since.Keith Abrehart, MD of the Kent-based firm, said of the company’s newly published results: “We have achieved what we consider ...
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APC Overnight's new hub to be fully operational within weeks
APC Overnight expects to have its new £15m Cannock facility up to full operational effectiveness within the month.Cannock will replace the company’s existing facility in Essington, Staffordshire, and at present about 35% of the network’s business volumes have been shifted across to the new facility.Sid Ziaullah, chief executive of APC ...
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Hicks Logistics expands into warehousing
Hicks LogisiicsHicks Logistics has moved into warehousing after the acquisition of a 20,000ft² industrial unit next to its Caldicot base on the Severn Bridge Industrial Estate.The company hopes the diversification will boost its annual turnover from £7.5m to around the £10m mark, and has taken on ten more staff taking ...