News

Hellmann Worldwide sees volumes rise in Q1

June 7, 2012 Christopher Walton

First quarter volumes increased by 2% at Hellmann Worldwide Logistics UK, with the company’s gross margin also up four percentage points compared with the same period in 2011. The company says that while volumes have remained steady, profitability has improved due to a new trailer planning system in operation, and growth through business won in the latter part of 2011. Hellmann also cites an upturn in UK exports to non-EU countries and Germany as a key contributory factor to maintaining […]

News

“Competitive” industry keeps margins tight, says Maxi Haulage

May 30, 2012 Christopher Walton

Scottish operator Maxi Haulage, part of Maxi Group, has revealed a 17% increase in turnover but says the “competitive nature of the haulage industry” is keeping  profit margins tight. In unaudited accounts set to be filed at Companies House later this month, Maxi reveals that for the year-ending 30 September it saw revenue rise to £40.4m, from £34.5m a year ago. Pre-tax profit rose 6% to £2m from £1.9m in the previous 12 month period. Chairman Gerry Atkinson tells MT.co.uk: […]

Contract Wins

Norbert Dentressangle extends Vauxhall contract

May 28, 2012 Christopher Walton

Norbert Dentressangle has signed a three-year contract extension with Vauxhall Motors for the overnight distribution of parts. ND has worked with Vauxhall for 12 years and the extension sees the operator deliver parts to 300 Vauxhall and Chevrolet retailers across the UK. ND has also spent £1m on 35 new trailers serving the contract, which sees it collect orders from Vauxhall’s parts distribution centre in Luton for onward delivery direct to retailers overnight. Peter Durham, warehouse operations manager at Vauxhall […]

News

Stobart Group in talks to buy Autologic

May 24, 2012 Christopher Walton

Autologic is in talks with Stobart Group over a potential cash offer by the Cumbrian giant for the number one operator in UK automotive logistics. The Northampton-based operator, which revealed a turnover of £144.7m and a pre-tax profit of £2.1m for the year ending 31 December last month, says that there is “no certainty that an offer for the company will be made or proposed”. Stobart is required to either announce a firm intention to buy Autologic, or withdraw its […]

News

Eddie Stobart profit falls as increased costs bite

May 17, 2012 Christopher Walton

Stobart Group’s transport and distribution division, Eddie Stobart, saw revenue grow but profit fall in its most recent trading year, as it failed to cover increased costs through rate rises. For the 12 months ending 29 February turnover rose to £519.5m from £475.3m a year ago. However, pre-tax profit fell from £34.2m to £27.4m, due to cost increases of £4m “which have not been fully recovered through rate increases, mainly due to the increase in our customers’ costs”. Furthermore, £11.4m […]

Industry News

News extra: Operators respond to tight market

May 16, 2012 Christopher Walton

Smaller volumes and higher costs: 2011 was a pretty gloomy year by anyone’s standards. The outlook for the rest of 2012 is not much better but operators are greener and more efficient , according to a joint report by the FTA and PricewaterhouseCoopers (PwC) UK. “In the past recovering from a downturn was a more predictable business,” says Coolin Desai, logistics industry leader at PwC UK. “Three years into the financial crisis, uncertainty and volatility have become the baseline expectation.” […]

News

Autologic acquires Spirit Motortransport assets

May 14, 2012 Christopher Walton

Autologic has made its third asset acquisition from failed car transporter hauliers in as many years. Through its subsidiary Walon it has acquired certain assets of Spirit Motortransport, which entered administration on Friday 11 May. Autologic says the assets acquired comprise car transporters, IT and office equipment and the goodwill attached to the Spirit name. Avril Palmer-Baunack, chief executive of Autologic, says: “We have taken the opportunity to acquire further key assets that strengthen our operational transporter fleet, which is […]

Contract Wins

Seafield Logistics wins screed distribution contract

May 10, 2012 Christopher Walton

Notts-haulier Seafield Logistics has won a two and a half year contract with floor screed manufacturer Lafarge Gyvlon. The win adds to Seafield’s contract with Gyvlon to distribute its products to Ireland, which it has held since July 2011. The new contract will also see Seafield add five vehicles and trailers to its bulk tanker fleet. Under the terms of the contract Seafield will be required to complete timed deliveries out of Gyvlon’s Runcorn, Cheshire site using a dedicated fleet […]

News

Yearsley Group begins £20m depot expansion

May 4, 2012 Christopher Walton

Frozen food specialist Yearsley Group is to expand cold storage facilities at its Hareshill Distribution Park headquarters in Manchester. Construction of a new 160,000ft² unit, adjacent to its existing facility, will begin in June to help meet demand from its growing portfolio of contracts. Once completed, the new £20m Hareshill unit will add 40,000 pallet spaces, doubling storage capacity, and increasing the workforce by 150. It will also include a range of environmentally-friendly design features including high grade insulation and […]

News

Europa Worldwide opens £20m DC

May 4, 2012 Christopher Walton

Freight and warehousing specialists Europa Worldwide Logistics has opened a new £20m purpose-built distribution centre in Birmingham. Constructed in just 24 weeks, the new 155,000ft² facility at ProLogis Park, Minworth, brings together a number of the company’s operating divisions under one roof, including European express, seafreight, national distribution, exhibition and project forwarding and logistics services. The firm, which has been running for nearly 50 years, has been operating from Birmingham since 1985. The Minworth facility employs 100 staff, has 15,000 […]