Palletline member ARR Craib has purchased fellow Scottish haulage firm McCaul Haulage for an undisclosed sum. The employees, trading assets and trade of Aberdeen-based McCaul Haulage transferred to ARR Craib today (9 February), facilitating the retirement of owner Tim McCaul. The deal includes 14 vehicles and 19 trailers (a mix of curtainsiders and flatbeds). ARR Craib said the majority of the staff would move to its Dyce depot, which already employs a workforce of 430 across its four locations nationwide. […]
The Swain Group has purchased Derby-based Jeffrey’s Haulage for an undisclosed sum.
Transportation fuel supplier and distributor Greenergy has bought Barnstaple-based William C. Hockin (Tankers) as part of wider plans to grow its long distance operations.
Stobart is still restructuring the former Innovate business it acquired out of administration in 2008 – a process that has been “more challenging, costly and further reaching than first planned”. The admission came as Stobart Group revealed profit rose 10% at its transport and distribution division (Eddie Stobart) to £14.2m in the first six months ended 31 August. This was despite a 5.6% fall in turnover to £251.1m. “We have improved our margins in [Eddie Stobart] through more effective financial […]