Acumen Automotive Logistics has bought four new Rolfo Auriga Deluxe enclosed semi-trailers as part of its strategy to refresh its entire 15-strong enclosed transporter fleet. The UK-based finished vehicle transporter first announced its fleet replacement strategy last December after its acquisition of Stobart Group’s enclosed transport subsidiary Enable. Acumen said the new transporter and tractor unit combinations cost around £200,000 each and are capable of transporting six 5m-long cars at a time. They feature low-deck rigid vehicle and tail-lifts for […]
Stobart Group has revealed it is abandoning its plan to launch a savings bond. In a statement to the City yesterday, the group said it had walked away from a plan revealed on 13 November that would have seen it launch a six-year retail bond with a fixed rate of 5.5% per year. The closing date for bond applications – the issue of which was being managed by investment bank Canaccord Genuity – was today (27 November). In a statement […]
Today Wincanton posted what its MD Eric Born (pictured) called a “boringly predictable” set of half year results, with a 1.6% decline in group turnover and a 2.6% increase in operating profit.