News

City Link will be “profitable in Q4” says Rentokil CEO

August 3, 2012 Hayley Pink

City Link parent firm Rentokil Initial says its recovery plan for the parcels courier is on track despite posting an £18.5m operating loss for the first six months of the year. This 3.8% year-on-year reduction of its operating losses came as revenue rose 3.5% to £149.5m for the six months ending 30 June. Alan Brown, CEO at Rentokil Initial, says: “We expect losses to reduce further in Q3 and for the business to be profitable in Q4.” Revenue for the […]

Euroway
Industry News

Ryder Europe snaps up Euroway

August 3, 2012 Justin Stanton

Ryder Europe has purchased CV contract hire and fleet management specialist Euroway for an undisclosed sum. Euroway has a total fleet of 1,419 CVs, ranging from 3.5 tonners to tractor units, plus trailers. Daf is the dominant supplier to Euroway. In 2010, its combined divisions generated a combined turnover of about £22m and a pre-tax loss of circa £730,000. The acquisition means Ryder’s fleet totals nearly 25,000, comprising 10,514 trailers and 13,905 vehicles. David Hunt, vice president and MD of […]

Awards

2012 Haulier of the Year CM Downton profiled

August 3, 2012 Steve Hobson

The 2012 Haulier of the Year, CM Downton, is a family-run firm based in Moreton Valence, Gloucestershire. Despite MD Andy Downton’s self-deprecatory comments about the family just being simple West Country folk, the company is highly respected for its professionalism and consistent strong performance. In an industry characterised by brutally low margins, where hauliers are often confronted with the unpalatable choice of buying unprofitable business or protecting profit at the expense of turnover, Downton has achieved the remarkable feat of […]

Industry News

URTU men arrested in Driver CPC fraud investigation have bail extended

August 2, 2012 Chris Tindall

The seven United Road Transport Union (URTU) men arrested by police as part of a fraud investigation relating to the Driver CPC have had their bail extended until September. All were arrested on suspicion of fraud by false representation in February as part of a police and Driving Standards Agency probe. They include URTU general secretary Bob Monks, national officer Mel Thornton, and regional officers Lee Pimbley and Mike Billingham. Their bail terms had originally been extended until 30 July, […]

Contract Wins

‘Sheese the one’ for Culina with new Bute Island contract win

August 2, 2012 Hayley Pink

Culina has won a new distribution contract with Bute Island Foods to transport its vegan Sheese product to wholesalers and retailers across the UK. The food firm originally ran its Sheese distribution operation from Scotland, however, it decided it would be able to reach a wider market more effectively by switching to a logistics provider with national capabilities and a stronger southern presence. Temperature-controlled specialist Culina will manage the new contract from its Stafford hub, with stock brought into the […]

News

Ceva Logistics sees profit slip in tough market

August 2, 2012 Chris Druce

Ceva Logistics, which recently saw its long-running relationship with Crown Paints extended, has seen group profit fall after its contract logistics businesses was affected by Europe’s economic malaise. While revenue in the first half of the year was up 5.5% at €3.5bn (2011: €3.4bn), EBITDA slipped 10.5% to €136m (2011: €152) as a consequence, despite growth in the group’s ocean freight business. John Pattullo, chief executive of Ceva, says: “Transpacific volume and weakness in Southern Europe remain a concern. As […]

Industry News

Westfield shut-down as action at Olympic Stadium starts

August 2, 2012 Chris Druce

Westfield shopping centre access will be severely restricted this weekend as the athletics programme of London 2012 starts. Organisers are expecting more than 200,000 Olympic spectators and accredited workforce each day, which will make the Stratford area exceptionally busy. It also means that Westfield Stratford City will only be accessible to accredited operators and Games ticket holders between 10.30am and 5pm this Friday (3 August) and Saturday (4 August). Peter Hendy, London’s transport commissioner, says: “Westfield Stratford City may not […]

Industry News

Vosa OCRS revisions to come into force on 1 October

August 1, 2012 Chris Druce

Vosa’s delayed shake-up of the Operator Compliance Risk Score (OCRS) system will take effect from October. OCRS changes had been slated for 30 April originally but this, and a subsequent 1 July deadline, were missed. As of last month the agency still didn’t have a revised date for the introduction of the new OCRS system. However, in a statement today Vosa says: “In April we informed you that the introduction of the changes to improve the current OCRS was delayed […]

News

Norbert Dentressangle first-half results holding strong

August 1, 2012 Hayley Pink

Norbert Dentressangle (ND) has revealed a first-half consolidated revenue increase of 13.3% to €1.9bn (up from €1.7bn in the same period last year) despite struggling with volumes. Like-for-like growth remained flat, dipping by 0.2% compared with H1 2011, which ND attributes to a sharply deteriorating European economy during the second quarter. ND’s transport division took a 1.3% hit on a like-for-like basis (consolidated revenue is up 7.7% to €1bn), which the company says is due to a sluggish economy, with […]

Industry News

London 2012: retailers man-up for Olympic deliveries

August 1, 2012 Chris Druce

London retailers appear to have crewed-up to ensure delivery continuity during the Olympic and Paralympic period. Most of the major retailers and brewery groups are running night-time deliveries too during London 2012 in a bid to mitigate Olympic Route Network (ORN) restrictions. Pallet networks, including Pallet-Track and Palletline, have made sure their haulier members have contingency plans in place too, with additional vehicles and manpower in place to address any pinch points. TRG Logistics, which supplies agency drivers, provides a […]