Last week the MT Tracker took a break as it was judging the MT Awards – but what a difference a week makes. Rentokil finally sold City Link, to investment house Better Capital. This does make a big difference to the MT Tracker as Rentokil’s size, in comparison to every other listed transport firm, was distorting the results of the Tracker. Excluding Rentokil gives us a much truer picture of investor sentiment in the sector. You can read our initial […]
Haulage bosses from six fuel distribution firms are due to resume talks with the Unite union this morning (10 April) following the Easter weekend. Conciliation service Acas is leading the discussions, which kicked off last Wednesday (4 April) and continued for two days, over tanker drivers’ training, safety and employment conditions. Acas chief conciliator Peter Harwood says of the talks so far: “The discussions have been constructive, with the parties positively engaged and committed to the process.” If talks fail, […]
Following the themes of recent weeks the big winner in the Motor Transport tracker is Hargreaves Group – even if the performance of its transport group is slightly off target.