Latest fleet news – Page 736
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MT Article
Eddie Stobart has Tesco DC contract renewed
Tesco has re-awarded the contract to run its UK distribution centre (DC) transport operations to Eddie Stobart.The operator signed a deal to run the transport from the DCs for Tesco in 2012 (this included two DCs in the Republic of Ireland).Following a re-tendering exercise conducted by the supermarket chain earlier ...
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MT Article
Hellmann Worldwide Logistics's future secured
Hellmann Worldwide Logistics appears to be out of the woods after its German parent company completed its delayed refinancing exercise.The parent company has been in protracted negotiations with 11 funding partners to refinance a €159m (£125m) loan, which makes up 40% of the group’s total loans, for more than a ...
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MT Article
Wincanton renews Co-op contract for further five years
Wincanton has renewed its long-standing distribution contract with the Co-op for a further five years. The two companies have worked together for more than 25 years, and Wincanton will continue to fulfil the deal from the Co-op’s depots in Lea Green, Merseyside and Cardinal, Cambridgeshire.The operation employs 700 people and ...
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MT Article
AM Widdowson & Son remains on the road after pre-pack administration
A pre-packaged sale of Leicester transport firm AM Widdowson and Son was the culmination of a torrid two years that included the loss of contracts, under-estimated fuel costs and management systems that were not fit for purpose.The company entered into administration on 6 July (CM 21 July) after falling into ...
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MT Article
Scania Group makes provision in relation to EC cartel investigation
Scania Group has made a SEK 3.8bn (£334m) provision in relation to the European Commission’s (EC’s) truck cartel investigation, but contests the EC's view that it was involved in price-fixing.The manufacturer said in a statement: "Scania has fully cooperated with the European Commission during the investigation. However, Scania contests the ...
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MT Article
Howard Tenens sees profit grow in light of UK warehousing shortage
A shortage of warehousing space in the UK boosted Howard Tenens’ turnover and pre-tax profit in its last economic year, due to the operator’s significant property holdings and an increase in demand. For the year ended 30 September 2015, Howard Tenens saw its pre-tax profit rise 52% to £5.1m (2014: ...
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MT Article
EC low-emission mobility strategy aims to curb CO2 from transport sector
The European Commission (EC) has published its low-emission transport strategy that aims to drastically reduce harmful emissions by 2030 through facilitating a faster take-up of cleaner vehicles and fuels.Objectives include roll-out of a certification and reporting process to measure fuel consumption and CO2 emissions on HGVs, with the EC also ...
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MT ArticleHoward Tenens nails more Toolstation work
Howard Tenens has secured a five-year extension to its contract with building supplies firm Toolstation.The operator, which provides trunking between hubs and deliveries to Toolstation branches, has worked with the firm since 2009 and services the contract using several 15.65m longer-semi trailers.Matt Davis, general manager at Howard Tenens’ Swindon site, ...
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MT Article
Wincanton reassures employees and investors in wake of Brexit vote
Wincanton has said it is ready to tackle any changes in legislation or the economic climate Brexit might have on the industry.Speaking at the company’s AGM in London today, Wincanton chairman Steve Marshall said the board would be closely monitoring the situation “as the political and economical consequences become clearer”.However, ...
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MT ArticleMaritime signs deal with Allport Cargo Services
Maritime Transport has signed a contract with international freight handler Allport Cargo Services, following 12 month trial. The deal will see Maritime dedicate 44 of its vehicles to the Allport contract, distributed between its Southampton, Tamworth, Manchester and Doncaster depots.The contracted work will begin next month.Mark Rollinson, group operations ...
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MT Article
Ceva Logistics reels in John West Food contract renewal
Ceva Logistics has renewed its contract with seafood supplier John West Foods for another three years.This latest win comes just one month after Ceva Logistics clinched a deal with white goods manufacturer Miele to extend its long-running contract for another five years.Under the John West Foods deal, which has already ...
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MT Article
Keltbray Group to fit DawesGuard cyclist protection device to fleet
London tipper operator Keltbray Group has opted to fit the DawesGuard safety device across its fleet vehicles following a 12-week trial of the system.The DawesGuard creates a physical shield across the ‘danger zone’ between the front and rear axles of construction vehicles to prevent a person being dragged under the ...
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MT Article
Fowler Welch owner says Brexit "is disappointing" but remains upbeat about its prospects
Fowler Welch’s parent company, Dart Group, has given Brexit the thumbs down but remains positive about the outlook for its business.Reporting preliminary annual results for the year to 31 March 2016, Dart Group said: “Although we were disappointed at the result of the recently held referendum on whether the UK ...
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MT ArticleTruck manufacturers respond to €2.9bn cartel fine
Truck manufacturers have responded to the combined €2.9bn (£2.5bn) fine they were issued by the European Commission (EC) yesterday (19 July).Five manufacturers were hit with the largest fine the EC has ever imposed for a cartel after it found that they had colluded for 14 years on truck prices and ...
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MT Article
Deputy London mayor Val Shawcross to open Freight in the City Expo 2016
London’s deputy mayor for transport, Val Shawcross, will be making the keynote speech at this year’s Freight in the City Expo on 2 November at Alexandra Palace.Shawcross is well versed in the urban transport challenges facing the capital having previously chaired the London Assembly Transport Committee prior to being appointed ...
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MT Article
HW Coates sees turnaround plan start to deliver
A turnaround plan at HW Coates has borne fruit with both turnover and profit up at the chemicals logistics specialist.The profit rise, which was boosted in part by the introduction of new accounting standards under FRS102, was revealed in the company’s latest annual results posted in Companies House.Leicester-based HW Coates ...
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MT Article
John Hackling (Transport) sees profit almost halve
John Hackling (Transport) saw pre-tax profit fall 45% last year, according to its latest annual results.The results for the year to 30 September 2015 posted at Companies House, show that despite a rise in turnover to £13.8m (2014: £13.1m), pre-tax profits fell to £737,054 (2014: £1.03m).John Hackling, which specialises in ...
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MT Article
Guardian investigation into courier pay is "disingenuous", says Hermes
Hermes has disputed claims that it pays its couriers less than the minimum wage, after an investigation by The Guardian suggested some of the carrier’s self-employed workers earn as little as £5.50 an hour. The article cites numerous Hermes couriers who earn between £5.50 and £7.30 per hour, although this ...
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MT Article
BCA Marketplace buys Paragon Automotive for £105m
BCA Marketplace has hit the acquisition trail once more, snapping up automotive services group Paragon Automotive for £105m.The move brings BCA one step closer to its goal to become the UK’s leading one-stop shop for automotive services for OEMs, dealers and leasing companies.The acquisition of Paragon comes just one year ...
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MT ArticleEC fines truck manufacturers a record €2.9bn after 14-year price fixing cartel
European truck manufacturers have been hit with a record €2.9bn (£2.5bn) fine after they colluded for 14 years on truck pricing and on passing on the costs of compliance with emissions rules.The European Commission (EC) found that MAN, Volvo Group (parent company to Volvo Trucks and Renault Trucks), Mercedes-Benz parent ...