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Latest news – Page 704
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MT Tracker - 17 April
The tale of Stobart's ever falling share price. Two weeks ago, in the wake of Avril Palmer-Baunack's unceremonious demotion, this column wrote about the woes of backing the Stobart horse. Even the gloss of a three-year deal with Tesco couldn't reverse it's fortunes (and given Tesco's current performance there can't ...
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Tilda chooses Wincanton for warehousing and distribution
Wincanton has won a six year warehousing and distribution contract with Basmati rice producer Tilda.The contract covers collection from Tilda’s two production sites in Rainham, Essex and storage at Wincanton’s shared-user site in nearby West Thurrock.The firm will also pick and distribute products by the case and pallet to Tilda’s ...
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Hermes invests £25m in new north-west hub
Hermes is investing £25m in a new Warrington hub, almost tripling capacity in the area to support volume growth.The hub is due to open in April 2014 and will be capable of processing 560,000 parcels a day, which the firm said will allow room to accommodate growth in online shopping ...
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ArticleCV Show 2013 attendance up on last year
Last week’s CV Show was a success for both exhibitors and organisers, with attendance figures up 11.6% on 2012’s show.The show organisers said the event was a strong indication of the health of the industry, with over 18,000 attendees and more than 430 exhibitors.Daf, which unveiled the new CF and ...
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UK Pallets back on track
UK Mail has conceded that its pallet business suffered a tough year in the twelve months to 31 March 2013.In its pre-close trading statement last week, UK Mail said UK Pallets had “faced a difficult year”, and confirmed “revenues in our pallets business declined”.This comes despite the latest data from ...
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ArticleThe curious incident of the road transport industry today
Piggy BankConsultancy Plimsoll Publishing has said an unusual alignment of factors (rather than stars), set against the backdrop of continuing economic weakness, means a wave of consolidation is about to break across the bow of the road transport industry."The road haulage industry should brace itself for takeovers as a series ...
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ArticleHoward Tenens wins two year Costa Express contract
Howard Tenens has revealed details of the two year contract it won with self service coffee firm Costa Express in January.The contract covers collection of products from the supplier into Howard Tenens’ Andover hub in Hampshire, as well as delivery of palletised loads to six satellite depots in Ashby-de-la-Zouch in ...
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ArticlePentalver expands at Port of Tilbury
Container specialist Pentalver has relocated to a new, larger site at the Port of Tilbury as it expands its empty container storage service. The 8.5 acre depot, titled ’45 Berth’, is the sole provider of empty container storage on the perimeter road side of the Essex port. It has increased capacity ...
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Yusen Logistics wins Mitsubishi Electric Europe contract renewal
The UK branch of Mitsubishi Electric Europe has renewed its warehousing contract with Yusen Logistics by five years.The contract sees the operator receive, store and despatch products such as display screens, air conditioners and heating systems from Yusen’s 300,000 ft² Milton Keynes Tilbrook site.Yusen handles inbound movements of sea containers ...
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K+N road logistics EBITDA hit by poor weather conditions
Adverse weather conditions hit volumes in Kuehne + Nagel’s road and rail logistics division, which saw an 85% drop in first quarter EBITDA.The firm’s Q1 results revealed that invoiced turnover for the division dipped slightly to CHF 737m (£517m) from CHF 744m in Q1 2012, as volumes were hit ...
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ArticleCeva Logistics in the UK: doing very well thank you...
... but hold your judgement until it files its 2012 figures.Last week we reported Ceva Logistics chief executive Marvin Schlanger as saying the 2012 profit performance at the firm “simply isn’t good enough”. MT.co.uk also spoke to Ceva’s chief financial officer Rubin McDougal as its profit performance in 2012, alongside a ...
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Jigsaw wins less-than-truck-load Kellogg's contract
Eleven strong haulier consortium Jigsaw has won a contract with food manufacturer Kellogg’s to handle less-than-truck-load volumes.The deal will see it consolidate smaller consignments and partial loads into full loads at Kellogg’s distribution centres in Manchester for delivery to retail warehouses across the UK.“This is another example of how we ...
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Sameday shares small buisnesses' concerns with chancellor
Lancashire courier Sameday was given the opportunity to share concerns about road repairs and business finance with chancellor George Osborne last week.The meeting, which took place with other North West businesses and representatives from the Forum of Private Business last Friday (5 April), covered subjects such as finance for small ...
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MT Tracker 10 April
It is amazing what an up-beat trading statement can do. Transport related shares have been stuck in the doldrums for a while, but all it took was for UK Mail to say it saw its highest ever daily volumes across its parcels and mail divisions in March, and it is ...
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ArticleIt's all about market forces - a seven year truck lifecycle?
With Mercedes giving its latest Atego its first public airing in Birmingham this week and Daf Trucks choosing the NEC for the world debut of its new LF and CF ranges, the CV Show packs more clout than usual this year.Sure, it’s a long way from the sprawling behemoth that ...
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ArticleThink Logistics national launch 9 May
Steve Granite's Think Logistics initiative to get school children interested in a career in transport is holding a launch event on 9 May at Whittlebury Hall, near Towcester. The presentation has been successfully piloted at two sixth form colleges and Granite is now keen for other operators to make use ...
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ArticleFurther fall in number of LGVs on British roads
The number of LGVs licensed for use on Great Britain's roads fell almost 10% between 2007 and 2012, new figures from the DfT have shown. At the end of 2007, there were 510,800 licensed LGVs over 3.5 tonnes GVW but by the end of last year, that had fallen to ...
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Norbert Dentressangle sows the seeds of success for RAGT
Following a small-scale trial last year, Norbert Dentressangle has secured a new contract with Cambridge seed supplier RAGT Seeds for delivery of a range of cereals, maize, grass and winter oilseed rape seeds to farmers across mainland Europe. The contract involves ND collecting seed from the Cambridge site on the ...
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Highways Agency announces final pinch point schemes
The Highways Agency has detailed 58 further schemes to reduce congestion on England’s motorways and major A-roads, in the third and final stage of the 123-scheme pinch point programme originally announced in autumn 2011. The 58 schemes, which represent an investment of £98m, will all be delivered by March 2015 ...
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ArticleTwo-man delivery firm Yodel XL rebrands as Arrow XL
Yodel sister company Yodel XL, which provides a two-man delivery service, has rebranded as Arrow XL to coincide with the opening of a new hub.Chief executive Gary Monk said the firm decided to rebrand after relocating some of its operations from Bolton to Wigan, where it recently moved to increase ...