Supply chain collaboration could save around £2bn a year on fuel costs, a panel of logistics industry leaders revealed at last week’s International Festival of Business in Liverpool. In a lively debate – organised by Bibby Supply Chain Services and chaired by Motortransport.co.uk editor Steve Hobson – panelists looked at how collaboration across a number of supply chain disciplines, such as training, driving standards and supporting customers, could produce significant cost savings for businesses. Paul Byrne, head of strategy at […]
Stobart Group has completed the partial divestment of its transport division.
The success story of the first half of the year, without doubt, is UK Mail. It simply, absolutely, will not stop, moving parcels with volumes up 25% in the first quarter year-on-year. If you had bought a share in the firm in January, it would have set you back 365p (giving the firm a market capitalisation of £199m). If you would buy one today it is 580p (giving UK Mail a market cap of £319m). That’s a share price rise […]
In 2012, Bibby training subsidiary System Training recorded a shock pre-tax loss of £7.5m, pushing its parent Bibby Distribution Services (Holdings) into a £4.6m loss.In 2013, System’s operating losses were cut to a “marginal” £500,000, and in its annual report Bibby said the business was now “more streamlined and focused” and that work was continuing to return it to profit.