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Latest news – Page 390
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Doctors on Wheels medicals may invalidate fleet insurance, ABI warns
Operators could be in breach of their fleet insurance policies if their drivers’ medicals were conducted by Doctors on Wheels, the Association of British Insurers (ABI) has warned.The association is advising affected operators to contact their insurers to check whether their fleet insurance is valid.The warning follows DVLA’s announcement that ...
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ArticleMorrisons staff back ballot to strike as talks over Wincanton transfer continue
Unite is heading into further talks with Morrisons and Wincanton this week emboldened by support among affected members for a vote for industrial action up to a strike.The union confirmed that 88% of union members among the nearly 400 drivers and mechanics at Morrisons – due to be transferred to ...
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Article
Axis Fleet Management Leasing in liquidation
An associated company of Axis Fleet Management, which entered administration in May, has collapsed into liquidation.Axis Fleet Management Leasing was an equipment contract hire company servicing the supply chain management, logistics and shipping industries.According to liquidators at FRP Advisory, it was wholly reliant on Axis Fleet Management, which had struggled ...
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ArticleClugston Distribution Services launches global logistics division and strengthens senior team
L-R: Matt Hales, Tim Doggett and James Overfield.Clugston Distribution Services has created a new Global Logistics division as part of an “extensive review” of its £17m turnover business.The Scunthorpe-based operation, part of the Clugston Group, said the new division would provide a complete package of global supply chain options throughout ...
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David Nicholson, former director of failed Nicholson's Transport, makes a comeback with Burnside Distribution
The director behind failed Cleveland transport company Nicholson’s Transport has launched a new business, Burnside Distribution, specialising in warehousing and full loads.Nicholson’s Transport entered liquidation on 20 June and insolvency practitioners at Baldwins Restructuring in Chester le Street are now winding up the business.But a call to Nicholson’s registered premises ...
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Donnelly Transport staff will be paid what they are owed, promises haulier's administrator
All former staff who worked at collapsed Northern Ireland steel haulier Donnelly Transport should be paid in full, according to its administrator.Unsecured creditors are also anticipated to receive a dividend, although it may only be 0.5p in the pound.Insolvency practitioner RSM is currently attempting to realise assets and property that ...
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ArticleZero-emission operator Zedify expands with east London depot
Zero-emission urban fleet operator Zedify has expanded with a new depot in Hoxton, east London.Located just outside the London Ultra Low Emission Zone, the new micro consolidation centre will house up to 20 electric cargo trikes and be capable of handling more than 1,500 deliveries each day.Parcels arrive in the ...
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Article
Brexit uncertainty and skills shortage help drive logistics sector confidence to new low
Optimism in the logistics sector is at its lowest level in 12 years, according to the latest Logistics Confidence Index, with companies citing uncertainty over Brexit and the ongoing driver shortage as key contributors to falling levels of confidence.The index, produced by Barclays and BDO, is based on a survey ...
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ArticleIVECO unveils flagship Stralis successor, the S-WAY
IVECO has revealed its S-WAY truck at an event in Madrid (2 July), heralding the introduction of a new series of heavy trucks.The new IVECO, which replaces the Stralis, features a new cab design, and improved aerodynamics that the manufacturer has claimed will improve fuel efficiency by up to 4% ...
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ArticleSimarco Worldwide to open new distribution centre at Stoke 108
Simarco Worldwide has taken a 10-year lease on a 108,000sq ft depot in Stoke, with plans to commence operations there from October.The Staffordshire site will be the group’s DC for the north of England, Manchester and the Midlands, as well as providing a home for its European logistics business.The operator ...
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Article
Maxi Haulage hits record turnover in 2018, but warns of Brexit impact
Maxi Haulage achieved a record turnover of £66.3m in 2018, but warned the impact of pre-Brexit stockpiling on its Irish operation will hit its current year's trading.The Irvine-based haulier reported a 6.3% increase in turnover for the year ended September 2018 from £62.3m to £66.3m. Pre-tax profit leaped 41.8% from ...
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Rising costs temper growth at DSV Road
DSV Road saw both turnover and profit growth slow last year due to the rising costs of goods and services.Reporting its latest financial results for the year to 31 December 2018, the company which specialises in freight forwarding, haulage and supply chain services, revealed a 1.5% rise in turnover to ...
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ArticleEnterprise completes SHB Hire buy, creating major new player in CV rental market
Enterprise Rent-A-Car UK has completed its acquisition of SHB Hire, creating a commercial vehicle rental giant.Romsey-based SHB Hire has a fleet of more than 18,500 commercial vehicles. It has 16 locations nationwide and offers light commercial vehicles, HGVs, 4x4s, tippers and specialist lorries.The two businesses will now be integrated as ...
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ArticleFTA calls on hauliers to oppose Bristol clean air zone that would see HGVs charged but not cars
The FTA is calling on its members to urge Bristol City Council to drop proposals for a charging clean air zone (CAZ), which will see diesel cars allowed free access to most of the zone whilst non-compliant HGVs face charges of £100 a day.The call follows the publication of the ...
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Article
Pentalver Transport owner Genesee & Wyoming to be purchased in $8.4bn deal
Pentalver Transport owner Genesee & Wyoming (G&W) is being acquired by Brookfield Infrastructure Partners in deal valued at $8.4bn (£6.6bn).G&W owns or leases 120 freight railroads and has approximately 8,000 employees in North America, Australia and Europe.In the UK it owns Freightliner and following a 2017 deal, Pentalver Transport. The ...
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Matthew Preston joins Europa Warehouse as general manager
Europa Warehouse, part of Europa Worldwide Group, has appointed Matthew Preston to head up its Rushden, Northamptonshire site.It comes after the acquisition of some of the trade and assets of Menzies Response earlier this year.Preston takes on the role of general manager at Europa’s facility in Express Park, which is ...
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Brexit: scramble to mitigate no-deal logistics impact steps up a gear
Mounting concerns that the country will leave the European Union (EU) without a deal in October has prompted major logistics provider Uniserve to contact its customers for details of their shipments up until the end of the year.With fewer than 100 business days left until the revised 31 October deadline ...
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ArticleArcese made a larger annual loss last year despite turnover growth
Arcese UK reported a £2.9m increase in turnover last year, but profit slid further into the red, with the firm making a £939,000 pre-tax loss “due to increasing business costs”.The Tilbury and Daventry-based logistics and freight forwarding company saw turnover rise to almost £25m for the year ending 31 December ...
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ArticleTransport Committee calls for long-term funding to cure plague of potholes
The Transport Committee has called on the DfT to commit to a five-year funding model to tackle the chronic issue of potholes across the local road network in England.Describing the current estimated £9bn backlog as a “plague of potholes” the select committee said today (1 July) that the current “make ...
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Scania and MAN owner Traton lists with capitalisation of £13.5bn
Volkswagen has completed an IPO for subsidiary Traton today (28 June), placing 57.5 million shares at a price of €27 (£24) each and raising £1.55bn.Volkswagen remains the majority shareholder in the business, which owns Scania and MAN, having sold 11.5% of the company. It is now listed on the Stockholm ...