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 […]
Profit margins continue to be held back by customers’ reluctance to increase rates, John G Russell (Transport) chief executive, logistics, Alan Poulton has warned.
Fowler Welch saw turnover climb 6% to £178.7m in the year to 31 March, although annual profit was pegged back due to operational inefficiency at certain depots.
GreenWhitestar Acquisitions (GWSA), the holding company for Eddie Stobart Limited (ESL), has given a positive trading update for the first half of the 2020 financial year.