The management team of Halcyon Tankers is planning to double the size of the firm this year after buying the company from Hargreaves Logistics. Former Hargreaves Logistics MD Andrew Spence-Wolrich has joined forces with Halcyon MD Ian Elliott and Nigel Barraclough, who was MD of Hargreaves Services between 2011 and 2015, to buy Halcyon Tankers this month. The company specialises in transporting petroleum and bulk chemicals across the UK from its base in Port Clarence, Middlesbrough. Asked what the management […]
Ocado saw an almost fivefold reduction in its pre-tax losses last year aided by soaring demand for online groceries during the Covid-19 pandemic.
C Butt is seeing an “important turnaround” in its fortunes this year after winning new business and expanding existing partnerships, according to joint MD Jonathan Butt.
UK Mail Group saw a 20% increase in parcel volumes and improved performance in its pallets division during the third quarter, it has revealed in an interim management statement today. The firm saw an increase in turnover for its pallets business during the period, after seeing a significant decline in operating profit for the division during the first six months of the financial year. Group sales were “above [our] previous expectations” for the period covering 1 October to 31 December […]