All articles by Carol Millett – Page 7
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MT ArticleMeachers Global Logistics sees turnover rise despite sluggish economic climate
Meachers Global Logistics saw turnover rise by over 5% and pre-tax profit fall marginally, according to its latest annual results, and warned that it was “cautious” for the future, as it faces a welter of sectoral challenges including rising wages and business rates, costly environmental regulations, and the rocketing price ...
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MT Article“Strong” organic growth helps GXO Logistics UK boost profit by 25% in 2024
GXO Logistics UK saw its pre-tax profit surge by almost a quarter in 2024, thanks to strong organic growth, its “robust” open book process and new business wins, according to its recent financial results.
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MT ArticleWhistl Fulfilment moves into major warehouse in Prologis Park in Wellingborough
Whistl Fulfilment has taken occupancy of a 335,000sq ft warehouse at Prologis Park, Wellingborough, to support the growth of a major consumer electronics customer and build capacity for further growth.
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MT ArticleGXO wins contract to run B&Q’s new distribution hub in Wellingborough
GXO Logistics has extended its long running partnership with B&Q after winning the contract to handle the retailer’s newly acquired distribution hub in Wellingborough.
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MT ArticleCollett & Sons delivers three transformers to New Cumnock substation
Heavy transport and logistics specialist Collett & Sons has delivered and installed three transformers, weighing over 120 tonnes each, to New Cumnock Substation in East Ayrshire, Scotland.
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MT ArticleFormer Eddie Stobart chief David Pickering becomes CEO of William Stobart and Son
David Pickering, former chief executive of Culina subsidiary Eddie Stobart, has announced his appointment as CEO of William Stobart and Son, which trades as WS Transportation.
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FCZ ArticleeHGVs delivering lower total cost of ownership, latest Electric Freightway report reveals
The third Electric Freightway report, published this week, reveals that electric HGV orders have exceeded the original target of 140 trucks on the programme and that electric trucks can deliver lower total cost of ownership (TCO), compared to equivalent diesel trucks.
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MT ArticlePalletline unveils senior management restructure to drive next growth phase
Pallet network Palletline, which is owned by its members, has announced a strategic senior management restructure to support its five year plan to drive growth and develop its members’ businesses.
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MT ArticleTritax to turbocharge urban logistics property portfolio with £1bn acquisition of Blackstone assets
Logistics real estate giant Tritax Big Box is set to acquire over £1bn of logistics assets from US global asset manager Blackstone, in a move which expands Tritax’s urban footprint across key last-mile and urban sites in the South East and Midlands, where there are limited levels of new supply.
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MT ArticleHooper Haulage kicks off sponsorship deal with Lincoln City FC
A Lincolnshire-based haulage company is celebrating the rapid expansion of its business and a sponsorship deal with its local Football League club.
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MT ArticleLogistics UK teams up with TAPA to tackle cargo crime
Logistics UK has forged a partnership with TAPA EMEA, the Transported Asset Protection Association’s Europe, Middle East & Africa region, as part of its wider remit to tackle rising levels of freight crime.
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MT ArticleSwedish asset tracking firm Postrack launches in UK
Swedish GPS asset tracking firm Postrack is launching a new UK business offering asset management solutions for the road transport, warehousing, international freight and container sectors.
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FeaturesKinaxia promises brighter future after cutting losses to £19.8m in 2024
A major restructuring and a refinancing deal helped Kinaxia reach a “turning point” in its fortunes last year, with pre-tax losses reduced by 7% to £19.8m and turnover rising by 5% to £199.4m, according to its latest annual results.
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MT ArticleKnowles Logistics drives up profit and turnover by almost a fifth in 2024
Knowles Logistics boosted both turnover and profit by almost a fifth last year, powered by new and existing business wins and the continued benefits from the acquisition of Masters Logistical services in 2022, its latest annual results reveal.
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MT ArticleJames Kemball looks to new revenue streams following fall in demand for container storage
Felixstowe-based container transport and storage firm James Kemball saw turnover and pre-tax profit take a tumble in 2024, thanks to falling demand for container storage and rising fuel and staff costs, according to its latest financial results.
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MT ArticleWelcome Break given lease extension on eight motorway sites for another 75 years
Motorway services operator Welcome Break has sealed a deal with National Highways and the DfT to extend the leases at eight of its sites for a further 75 years.
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MT ArticleEU to extend toll exemption for zero-emission trucks
The European Parliament has approved a five-year extension to the deadline that allows member states to fully exempt zero-emission trucks and buses from CO2-based road user charges, known as the Eurovignette.
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MT Article
Transport managers take brunt of customer delivery complaints, research shows
As National Customer Service Week kicks off, research conducted by technology solutions provider Microlise, has revealed the extent of customer service disputes faced by transport and logistics managers when processing deliveries.
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MT ArticleCEVA Ground Logistics sees profit dip in 2024 after loss of major client
Ceva Ground Logistics UK saw its profit slide in 2024, after losing major client Stellantis and despite strong sales in its finished vehicle and warehousing divisions, its annual results have revealed.
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MT ArticleLanes Group fined £800k after investigation into death of devoted father
Leeds-based utilities and infrastructure delivery firm Lanes Group Limited has been fined £800,000, following the death of a father of three, who was hit by an exploding jet hose.