Operators and logistics firms were poorly represented in the 2012 Sunday Times Rich List, published yesterday. The Barclay brothers, Sir David and Sir Frederick, owners of parcel giant Yodel, remain the richest men involved in road transport with a fortune of £2.2bn. Alastair Salvesen and family are second. The former owners of Christian Salvasen, which was sold to Norbert Dentressangle for £254m in 2007, are worth £1.3bn. Also making the list are Dawsongroup owners Peter Dawson and family. The truck […]
Brit European Transport has bolstered its bulk liquids business with the purchase of Cheshire-based Tankplus. Specialising in fuel and bulk powder distribution, Tankplus operates from Ellesmere Port and runs seven vehicles. “We were looking to develop the size and scope of our bulk liquids division and the Tankplus opportunity fitted the bill,” said Brit European MD Graham Lackey. “We have no plans to change anything in the short to medium term as Tankplus appears to be working well and delivering […]
Yodel failed to turn a profit for the eighth consecutive year in its recently closed financial year, and CEO Mike Cooper has admitted its owners regularly give him “a hard time”.
Malcolm Wilson was appointed CEO of XPO Logistics Europe in September 2017 – well-deserved recognition for the work he did integrating the UK operation over the previous 12 years.