Latest fleet news – Page 660
-
MT ArticleMoody Logistics spends big in a bid to see warehousing benefit
Electrical contractor Paul Beattie and Caroline Moody, MD of Moody Logistics (right), review the Cross-Desk facility plans.Moody Logistics is spending half a million pounds to boost productivity at its base in Cramlington, Northumberland.The company is constructing a 12,000ft² addition to its facility at the Bolam Business Park to increase capacity ...
-
MT Article
Road freight sector outperforms wider logistics sector
The road freight sector put in a steady end of year performance in 2017, with sales, employment and wages up while the company failure rate fell.According to the latest quarterly Creditsafe Watchdog report, which looked at the performance of over 110,000 companies in the transport and logistics sector, sales rose ...
-
MT ArticleARR Craib weathers oil and gas sector downturn to grow business
Aberdeen-based ARR Craib Transport saw off difficult conditions in its key oil and gas sectors last year, helped by several major wins in the construction and fast moving consumer goods markets.According to its annual results to 31 March 2017, ARR Craib saw turnover rise £44.8m (2016: £43.5m) in the period, ...
-
MT ArticleCarillion's bankers launch fund to help collapsed construction firm's subcontractors
Carillion’s bankers have launched a £225m fund to help subcontractors and suppliers hit by the construction and outsourcing giant’s collapse.HSBC, Lloyds Banking Group and RBS have all set up funds of £100m, £50m and £75m, respectively, after coming under pressure from business secretary Greg Clark.Under the funding schemes the three ...
-
MT ArticleEddie Stobart Logistics boss Alex Laffey AIMs to expand green and white horizons
Alex Laffey was 25 years with Tesco before becoming CEO of Eddie Stobart Logistics (ESL) in May 2015 in preparation for floating the business of the Alternative Investment Market (AIM) of the London Stock Exchange in April 2017.Just before the listing William Stobart stood down as a director and the ...
-
MT Article
NFT Distribution cuts losses as annual turnover reaches new high
NFT Distribution recorded its highest-ever annual turnover in the year to March 2017, with a more than 27% increase to £202m.It also essentially halved its pre-tax loss, which was £9.5m (2016: £18.3m).NFT chief financial officer Jay Edwards said the integration of NR Evans - purchased in 2016 - had broadened ...
-
MT Article
UK government's Port of Calais spending pledge divides trade associations
The FTA and RHA are at odds over a decision by the government to spend a further £44.5m on security for the Port of Calais.The FTA said there was evidence of “tangible migrant activity” not only in Calais but also on the roads leading up to the port town and ...
-
MT ArticlePalletline weighing up opening dedicated Amazon facility as volumes soar
Palletline is considering opening a dedicated distribution facility for Amazon, after its relationship with the online retailer delivered significant volume for the pallet network in the run-up to Christmas.Speaking to MT, Palletline MD Graham Leitch (pictured) said discussions with the network’s shareholder member hauliers were under way.“It would be in ...
-
MT Article
What does the future hold for Yodel?
Parcels expert Frank Proud argues that the embattled parcels carrier has a bright future ahead of it.While the full story of peak 2017 has not yet been told, it looked like, this year, Yodel had sailed through the Christmas period with only positive headlines.The company announced it had seen a ...
-
MT Article
Men who promote women to be recognised in Everywoman awards
The 11th annual FTA Everywoman in Transport and Logistics Awards are now open for entries, and new for 2018 is the Male Agent of Change category to be awarded to the man who has shown "active commitment to advancing the progress of women working in transport and logistics".The Industry Champion ...
-
MT ArticleEddie Stobart more than doubles e-commerce sales after iForce acquisition
Eddie Stobart saw its e-commerce turnover more than double last year after it began eight new contracts off the back of its iForce acquisition.Stobart bought the logistics management business for £45m last year, with £37m cash from its AIM flotation and five million ordinary shares in Eddie Stobart Logistics to ...
-
MT ArticleEuropean business continues to fuel Royal Mail
Royal Mail’s European parcels division remained the business's driving force in the nine months ended 24 December 2017, while its UK letter volumes and turnover continued to dwindle.GLS saw both its volume and turnover grow by 10% in the period, against a group revenue increase of just 2%.In a trading ...
-
MT ArticleMarks & Spencer network shake-up hits DHL Supply Chain and XPO Logistics
Marks & Spencer has called time on its Neasden, north London DC. However, the high street retailer has said it will open a 495,000ft² clothing and home DC in Welham Green, Hertfordshire, early next year.The plans form part of the company’s five-year transformation programme, announced in November, which aim to ...
-
MT Article
Post-Brexit staff shortages will influence warehouse locations
Workforce availability will become a key element when companies decide where to locate their warehouses during 2018, according to leading property agents.JLL’s 2018 UK Property Predictions: Going Beyond Brexit report says: “Given low unemployment and lower net migration from the EU, the supply of labour will become a critical location ...
-
MT ArticleGRS Group buys S Walsh and Sons for undisclosed sum
GRS Group has acquired construction and waste materials haulier S Walsh & Sons for an undisclosed sum.The London based haulier, which runs a 100-strong fleet of tippers and trucks and employs 175 staff, specialises in the removal, haulage, handling and recycling of construction and waste materials.The company is currently working ...
-
MT ArticleMake sure freight sector is heard in Leeds clean air zone consultation
Heathrow Street, LeedsLeeds City Council is asking businesses for their views on its proposed clean air zone (CAZ) plans.This follows an announcement last December of proposals to introduce a category B charging zone in the city centre, which would affect HGVs, buses, coaches,taxis and private hire vehicles.The consultation asks for ...
-
MT ArticleTransport for the North warns northern road infrastructure not ready for projected volume growth
The volume of freight moved on roads in the North could increase by 50% by 2050, according to Transport for the North (TfN). In a draft of its strategic transport plan for 2018-2050, the transport body outlines its plans for the increased demand on its road infrastructure.This growth, it said, ...
-
MT Article
Calls mount for Carillion’s supply chain to be protected
Demands for Carillion’s small suppliers to be protected are growing as the full impact of the construction and PFI giant’s collapse hits home.The calls follow confirmation from Cabinet Office minister David Lidington that firms working for failed construction giant Carillion on private sector deals will only have two days of ...
-
MT Article
Enter the Motor Transport Awards 2018
Entries for the Motor Transport Awards 2018 are open now as the countdown begins to 4 July and the biggest night in road transport.We are accepting entries for consideration in 17 categories including: Apprenticeship of the Year, sponsored by Giti – won in 2017 by Cemex UK Best ...
-
MT ArticleMichelin Group buys Trucktyre Fleet Management
Michelin Group has acquired truck tyre supplier Tructyre Fleet Management in a bid to expand its regional presence in the commercial business sector.The acquisition will see the Tructyre service brand run as part of a strategic alliance with Michelin’s tyre distributor ATS Euromaster, which has 335 service centres across the ...