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Latest news – Page 372
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ArticleDate set for Eddie Stobart Logistics shareholders to consider DBAY Advisors bid
A general meeting of Eddie Stobart Logistics (ESL) shareholders is to take place on Friday, December 6 to consider DBAY Advisors' bid for the troubled haulier.The Isle of Man-based private equity company has offered ESL a £55m capital injection and will take a 51% stake in the company if shareholders ...
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ArticleClipper Logistics founder Steve Parkin teams up with Sun Capital Partners to prepare takeover bid
The founder of Leeds-based Clipper Logistics is reported to be lining up a £300m takeover bid to take the company private.Executive chairman Steve Parkin, who founded the company in 1992 and owns nearly a third of its shares, is understood to be preparing a bid with Florida-based Sun Capital Partners.He ...
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ArticleMT Awards 2019 winner: Business Excellence Award – sponsored by Hireco
Tim Gibson, sales director (second right) of sponsor Hireco presents the trophy to Lorraine Byrne, HR manager (fourth right), Karen Slack, senior project manager (holding trophy) and the team at Whirlpool UK AppliancesWhirlpool is the UK’s only white goods manufacturer to manage its own in-house home delivery network – Hotpoint ...
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ArticleMT Awards 2019 winner: Innovation Award – sponsored by Goodyear
Brigade marketing manager Emily Hardy (centre) and marketing executive Zoe Page (second left) collect the trophy from David Howe, commercial sales general manager at sponsor Goodyear Dunlop Tyres, flanked by comedian Omid Djalili (far left) and MT editor Steve Hobson (far right)Brigade Electronics’ Quiet Vehicle Sounder was recognised as the ...
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ArticleVolkswagen supply chain under threat after GB Terminals (Southern) staff balloted for strike action
The supply chain for Volkswagen cars, including models from Audi, Porsche and Skoda, coming off ferries in Kent could be disrupted after staff at logistics firm GB Terminals (Southern) were balloted for strike action.The Unite union said pay negotiations with Sheerness-based GB Terminals (Southern), part of the GBA Group, had ...
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ArticleMenzies Distribution to offer travel agents recycling bins and collect free of charge
Menzies Distribution has made moves to reduce waste in the travel industry by providing travel agents with recycling bins, which will then be collected free of charge.BP Travel Marketing, part of Menzies, will provide 150 travel agents across the south-east with the bins for brochure shrink-wrap and plastic brochure wrapping, ...
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ArticleRhenus slashes Swoon delivery failures under new two-man contract
Logistics provider Rhenus has cut furniture brand Swoon's delivery failure rate by half after taking on the delivery contract for the Southwark-based firm.The partnership sees Rhenus integrate Swoon's deliveries into its business in order to offer Swoon's clients quicker lead times. The furniture brand sells over a thousand designs ranging ...
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ArticleMT Awards 2019 winner: Livery of the Year– sponsored by Prometeon Pirelli
Marco Laraia, marketing manager for Europe at sponsor Prometeon Pirelli Truck (second right), presented the Livery of the Year award to Karl Wilshaw, head of fleet (holding trophy) and the team at Travis Perkins, accompanied by comedian Omid Djalili (squatting) and MT editor Steve Hobson (far right)Travis Perkins’ charity-supporting ‘living ...
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DHL Supply Chain in talks to take over Sunseeker International logistics operation
DHL Supply Chain is set to transfer 80 Sunseeker International logistics staff in a deal which will see it take over the luxury boat builder’s logistics operations.In a statement this week Sunseeker International said the negotiations had reached an “advanced” stage.Under the agreement DHL will provide logistics services, including the ...
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ArticleXPO Logistics in sustainability drive with LED lighting roll out
XPO Logistics has hit upon a bright idea and invested in “intelligent” LED lighting systems across five million square metres of site surface space.It said it expects to have the systems installed in approximately 75% of its total space in Europe by the end of next year.The systems use sensors ...
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ArticleBrexit is in road transport's best interests, insists Europa MD Andrew Baxter
Europa MD Andrew Baxter has revealed the company has spent at least £1m on Brexit preparations in 2019 alone but said year-end profits would still be up and that leaving the EU is the right outcome for the logistics sector.With the Dartford-based firm focusing heavily on UK/European road freight, committed ...
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ArticleMT Awards 2019 winner: Fleet Van Operator of the Year – sponsored by Renault Trucks
Presenting the award is Carlos Rodrigues, MD of sponsor Renault Trucks (far right), with Richard Horton, head of fleet at City Plumbing Supplies (holding trophy)Transforming the way it approached its fleet management strategy resulted in a well-deserved Fleet Van Operator of the Year award this year for City Plumbing Supplies.Managing ...
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William Stobart to take key role at Eddie Stobart Logistics under DBAY takeover plans
William Stobart is set to return to Eddie Stobart Logistics (ESL) if equity firm DBAY Advisors succeeds in its bid to buy the troubled haulier.Stobart's initial task will be to lead the board in ensuring ESL deliver a "strong performance" over the peak Black Friday and Christmas period.Rival bidder Andrew ...
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Wincanton and Eddie Stobart merger a "logical" match, says CEO James Wroath as he unveils group's half-year results
There is an “industrial logic” to Wincanton merging with Eddie Stobart Logistics (ESL), Wincanton’s new chief executive James Wroath told analysts at the launch of the group’s latest half-year results.Unveiling figures until 30 September, Wroath said there was a synergy between Wincanton and ESL, particularly in the transport services ...
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ArticleFTA accuses government of failing to improve toilet facilities for HGV drivers
The FTA has slammed the government for breaking its vow to improve and expand the number of toilet facilities for HGV drivers on the national road network.The criticism follows an FTA survey which revealed that almost all respondents believe toilet facilities have not improved since the government pledged to upgrade ...
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ArticleMT Awards 2019 winner: Low Carbon Award – sponsored by Fraikin
Guernsey Post chief executive Boley Smillie (third left) collects the award from Ed Cowell, CEO of sponsor FraikinHow did Guernsey Post navigate its way through a perfect storm of rocketing diesel prices, soaring emission levels, inefficient routes and rising parcel volumes to deliver a winning solution?A delivery company that ...
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HGV sales start to 'rebalance' in Q3 after H1 boom
Truck registrations over 6 tonnes fell 13.1% to 8,557 in Q3 2019 as the market “rebalanced” after higher than usual sales in H1, according to the SMMT.However 3-axle tractor units remained popular, with sales down only 2.5% to 3,623. The big losers were rigid trucks below 16 tonnes, with volumes ...
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Former CEO Andrew Tinkler returns to ring with £75m bid for Eddie Stobart Logistics
Andrew Tinkler, former boss of Eddie Stobart, is putting together a £75m rescue bid for ailing Eddie Stobart Logistics (ESL), according to reports.Tinkler, who headed up the business as part of the Stobart Group until 2014, is reported to be putting together a £50m package, with an additional £25m ...
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Wincanton urges Eddie Stobart stakeholders to "take no immediate action" on DBAY sale agreement
Wincanton has told Eddie Stobart Logistics' stakeholders to "take no immediate action" following news that ESL has agreed a conditional sale to private equity firm DBAY Advisors.Wincanton is still running the rule over a possible merger of its own with ESL and undertaking a due diligence exercise on its assets. ...
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ArticleMT Awards 2019 winner: Technical Excellence Award – sponsored by Hankook
Brett Emerson, UK sales director (third left) of sponsor Hankook Tyre UK, presents the trophy to Cartwright Group MD Mark Cartwright (holding trophy), group chairman Peter Cartwright (centre) and group director Lisa Cartwright, accompanied by comedian Omid Djalili (second left) and MT editor Steve Hobson (far right)Building a double-deck trailer ...