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Latest news – Page 139
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ArticleJohn Raymond Transport sees 2021 turnover nearly double but profits slide
Welsh haulage firm John Raymond Transport increased turnover by 42.8% last year and said it was optimistic about the future despite uncertainty over economic conditions.For the year ending 31 December 2021 the Bridgend company reported revenues of £29.7m, up from £20.8m the year before.However, pre-tax profit fell by 36.1%, from ...
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ArticleMid-market retailers 'acutely concerned' by supply chain issues, new Wincanton research reveals
Around one in seven retailers think they do not have a resilient supply chain, which is jeopardising their ability to deliver products to customers efficiently.The research, conducted by Wincanton, involved polling 250 senior leaders of major retail and e-commerce businesses across the UK.It found 99% of respondents believed improving the ...
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ArticleEuropa Worldwide profits and revenues soar
Europa Worldwide Group (EWG) said its profits had tripled to £10m last year and revenues had since risen to £316m in the 12 months to August 2022.It said that despite a “tough economic climate”, Europa had shown resilience in the way it had invested resources into developing solutions to deal ...
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ArticleNew DVSA probe finds level of driving offences and dangerous vehicles "totally unacceptable"
A GB-wide operation targeting high risk vehicles found one in 10 had the most dangerous mechanical issues, according to the DVSA.The serious faults uncovered on HGVs and light commercial vehicles included problems with steering, suspension, wheels, tyres and brakes.The DVSA said all of these issues were dangerous enough to affect ...
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ArticlePolice target trucks on M1 in crackdown on organised people smuggling
Lorry drivers in Northamptonshire have been given advice by the police about organised immigration crime and what they can do if they have concerns.Officers worked with the DVSA to speak to HGV drivers using the M1 near Crick as part of a week of action tackling serious and organised crime.Vehicles ...
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ArticleDX launches £750,000 electric vehicle programme with Ikea
DX has launched a three-year project to acquire a fleet of electric vehicles for use in its delivery and logistics partnership with Ikea.The company has recently invested £750,000 with further investment planned over the next three years to establish an initial fleet of over 60 electric vehicles for Ikea’s home-delivery ...
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ArticleDirect Tyre Management founder and chairman Steve Richardson retires after 45 years in the industry
Steve Richardson, founder of Direct Tyre Management (DTM) has announced his retirement, following a career spanning 45 years.Richardson started out as a tyre fitter for Central Tyres in 1977 and earned rapid promotion to become the youngest centre manager in Central Tyres’ history at 22 years old.In 1992, having progressed ...
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ArticleAO Logistics achieves RoSPA Silver award for health and safety
Online electricals retailer AO has received an internationally recognised award for demonstrating high standards in health and safety.The Royal Society for the Prevention of Accidents (RoSPA) has bestowed AO Logistics with a Silver Award for their efforts to ensure staff get home safely to their families at the end of ...
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Sustainable fuels and fleet decarbonisation to be discussed at Scottish Clean Air Roadshow
Sustainable fuels and fleet decarbonisation will be key topics discussed at the Scottish Clean Air Roadshow in Edinburgh on 18 October, organised by Motor Transport and sister title Transport News.Free-to-attend, the half-day event will cover the rollout of Scotland’s Low Emission Zones (LEZs) across four major cities, as well as ...
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ArticleR Swain & Sons back to black and on hunt for new clients and markets
R Swain & Sons is “reinvigorating” its client base and seeking new markets this year after returning to the black in 2021, according to its latest annual results.The company, which is based in Rochester, Kent, is the largest flatbed operator in the UK and specialises in heavy haulage, specialist lifting, ...
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ArticleClipper Logistics begins “prompt” integration into GXO as CMA greenlights acquisition
The integration of Clipper Logistics into GXO will begin in earnest from today (4 October) following unconditional regulatory clearance from the UK Competition and Markets Authority (CMA) for the acquisition.Whilst GXO’s acquisition was completed in May this year, both companies continued to be run independently, pending completion of the regulatory ...
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ArticleOvernight HGV parking reaching crisis point, government survey finds
The provision of on-site lorry parking across the UK is at crisis point in three key regions and close to critical elsewhere in the country, new government research has revealed.The DfT National Survey of Lorry Parking (Part One) has found that the most crowded overnight parking sites are in the ...
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ArticleXPO nails multi-year distribution contract with Cromwell Tools
XPO Logistics has been awarded a multi-year contract by Cromwell Tools to provide distribution services to Cromwell branches in the UK.XPO has been contracted to fulfil core transport services which include night deliveries to Cromwell locations nationwide, as well as inter-site transport activities and supplier collection routes during the day.The ...
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ArticleTransport industry underclaiming on R&D tax relief, research shows
Transport businesses claimed £55m in research and development (R&D) tax relief in 2020/21, according to HMRC’s latest R&D tax credit statistics.However tax relief specialist Access2Funding, part of the Ryan company, is warning that transport businesses are underclaiming on investments such as automated warehousing and IT investments.According to its research, transport ...
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ArticleECM losses deepen ahead of acquisition by Constellation Automotive Group
Vehicle transportation specialist ECM (Vehicle Delivery Service) saw losses deepen in 2021 as the dual impact of the Covid-19 pandemic and the semiconductor shortage took its toll on the business.In its latest annual results to 31 December 2021, the company reported pre-tax losses of -£553,895 (2020: -£391,578), despite turnover rising ...
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ArticleGist reports modest profit rise and improved turnover ahead of acquisition by M&S
As Marks and Spencers’ acquisition of Gist nears completion the logistics firm revealed a modest rise in pre-tax profit for last year aided by a leap in turnover.Reporting its annual results for the 53-week period ending on 1 January 2022, the company unveiled a 17% rise in turnover to £551.5m ...
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ArticleSupport service for Northern Ireland traders extended for a year
The Trader Support Service (TSS) that helps shippers and hauliers moving goods between Great Britain and Northern Ireland has been extended until December 2023.The move follows increasing calls from businesses on both sides of the water for the government to shelve plans to scrap the service, as they continue to ...
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ArticleMajor south London urban logistics development in pipeline
Plans are afoot for a major Grade A urban logistics space on a four-acre site on Factory Lane in Croydon, south London which could create up to 250 jobs.A joint venture between developer Chancerygate and SGN Place, the property development subsidiary of gas distribution company SGN, has submitted a joint ...
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ArticleDFDS gives glowing report on Sunswap refrigeration
A successful trial of a TRU running on solar and battery power means the future is bright for DFDS, after it integrated Sunswap’s zero emission refrigeration unit into its fleet.On one of DFDS’s longest routes, Sunswap said the TRU provided 22 hours of frozen cooling time on a single charge ...
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ArticleTradeteam on road to recovery after 2021 turnover slumps
Tradeteam saw some recovery in its finances last year as it emerged from the pandemic and returned to the black with a £129m pre-tax profit.However, turnover was down 53% to £43.7m in the year ending 31 December 2021 and the DHL drinks distribution company said volumes remained significantly impacted as ...