Hoyer says 2012, and the medium term future, will be a “challenging period” as the bulk liquid giant reported a 6.8% fall in pre-tax profit to £3.5m for the year ending 31 December 2011 (2010: £3.8m). Turnover for the period also fell, by 3% to £133m (2010: £137.7m) according to results filed at Companies House. In its air gas business, Hoyer saw turnover reduce by some £3m following the loss of the Air Liquide contract at the end of August […]
Fuel distributors and the Unite union are poised for a fourth day of negotiations over tanker drivers’ training, safety and employment terms. Conciliation service Acas is heading up the talks, which first kicked off last Wednesday (4 April) and reconvened yesterday morning (10 April) at 10am following the Easter weekend. The negotiations follow a majority vote for national strike action announced on 26 March from Unite tanker drivers, which supply fuel to around 90% of UK fuel courts – about […]
The threat of a tanker driver strike could now be averted, as the Unite union and fuel distribution companies reach agreement over a new set of proposals. Unite has also been given an extended industrial action mandate of 21 May to allow it time to discuss the new proposals with its 1,200 tanker driver members. Peter Harwood, Acas chief conciliator, who has been heading up the negotiations, says: “Following a further two days of intensive discussions, a final set of […]
Hoyer UK MD Mark Binns has said he is “confident” this year will be better than last after the firm reported widening losses for the 12 months to the end of December.