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Latest news – Page 686
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Ceva Logistics doubles EBITDA as UK business grows
Adjusted EBITDA at Ceva Logistics doubled to $80m (£51.6m) during the second quarter of 2013 as it continues to restructure its balance sheet and experience more growth in the UK.CEO Marvin Schlanger told Motortransport.co.uk that the operator is seeing definite growth in the UK market after experiencing a relatively slow ...
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ArticleDemand increases for average mileage vans
Used van dealers are reporting a drop in sales and expect the trend to continue over the coming months, according to George Alexander, chief CV editor at Glass’s Guide.Mileage has once again become a key concern for used buyers, who consider vehicles with 40,000 to 50,000 miles to be the ...
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ArticleBenton Bros absorbed "serious fuel price issues" during 2012
Benton Bros (Transport) said it had to “absorb serious fuel price issues” last year after recording a £28,000 loss for the year ending 30 January 2013. Accounts published at Companies House show that the Lincolnshire haulier’s operating profit also fell, to £88,000 compared with £173,000 the previous year.However, turnover rose ...
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ArticleJam today, zero carbon tomorrow
Stand by your ballot boxes: the LibDems have unveiled their zero carbon plan ahead of their annual conference. And in either a victory for common sense or an indictment of the road transport industry’s standing with government, trucks escape scot-free!The policy paper, entitled Green Growth and Green Jobs, sets out ...
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ArticleMaritime Transport reports growth despite tough market
Maritime Transport has reported an 11th consecutive year of revenue growth.For the year to 27 December 2012, the container operator’s turnover rose 8% to £130.7m from £121.3m in 2011.Pre-tax profit increased 18% to £2.5m from £2.1m the previous year.The directors’ report described trading conditions as “difficult” during the year, with ...
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Article
Gist handles more milk for Dairy Crest
Dairy Crest has expanded its relationship with Gist, incorporating cream and flavoured milk into its existing milk supply chain operations for a major retailer.By combining the cream and flavoured milk volumes with the existing milk logistics operations, Dairy Crest and Gist said they will save warehousing space and eliminate around ...
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Article
Norbert Dentressangle unveils plans for new central hub
Norbert Dentressangle has confirmed plans for a new 295,000ft² central UK hub at Crick, in Northamptonshire, which will lead to the closure of two depots at Northampton and Rowley Regis. The Crick site will provide “a strategically important Midlands hub and a new location for [our] central support services,” said ...
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ArticleConfectionery contract proves sweet deal for Bretts Transport
Cambridgeshire-based ambient food logistics specialist Bretts Transport has said it anticipates “a good profitable year” after reporting a 9.5% increase in turnover for the 12 months to the end of March. MD Simon Brett said the boost to turnover in the year to 31 March 2013 – which rose from ...
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Article
£150m Northamptonshire logistics park given the green light
A £150m logistics park at Appleby Lodge in Wellingborough, Northamptonshire, has been given the green light.The development, which will be situated alongside the Park Farm Industrial Estate, is expected to create over 2m ft² of warehousing and offices.Plans were submitted to the Borough Council of Wellingborough in April, who granted ...
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ArticleJohn Lewis begins work on £97m Milton Keynes DC
Retailer John Lewis has revealed that construction work on its £97m Milton Keynes DC, which is set to increase the number of store deliveries it makes, began last week.The own-account operator signed a 30-year lease on the 668,000 ft² plot on the Magna Park industrial site earlier this year.Its second ...
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Article
GFS to manage New Look's click and collect deliveries
Parcel carrier manager Global Freight Solutions (GFS) has won a deal with high street retailer New Look to manage delivery of its ‘click and collect’ orders.GFS has developed a bespoke version of its multi-carrier selection system GFS Selector, which allows it to use its own transport to deliver all click ...
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ArticleScania launches updated Customer Satisfaction Index system
Scania has developed an updated Customer Satisfaction Index (CSI) system to help managers improve network performance and response times to customer queries.The system provides Scania’s managers with instant access to customers’ feedback via an online portal and individual managers are alerted when a customer wants an immediate response.The system was ...
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MT Tracker 7 August
"We're an all time high, we'll change all that's gone before, doin' so much more...."This week the basket of shares in the MT Tracker hit it's highest point since its inception. The basket now stands at 1,954.5p. Shares in Stobart Group are back in to triple figures for the first ...
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ArticleBiomethane the "best option" for decarbonising road transport
Burning methane (natural gas) as an alternative to diesel to power heavy trucks can reduce carbon emissions by around 16% - but switching to biomethane produces even more dramatic reductions of up to 65%. But if biomethane is to become a viable mainstream alternative to diesel for road transport there ...
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ArticleNightfreight's new clothes revealed by DX
DX Group has revealed the new DX livery that will replace the familiar dark blue Nightfreight name that is being phased out following its acquisition in February 2012.DX said last year it would align Nightfreight with the DX (Delivered Exactly) Group brand when its service levels improved to acceptable levels, ...
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Poor consumer spending hits Boughey Distribution
Boughey Distribution parent NWF Group saw turnover at the division drop 14.2% last year and operating profit halved, due to difficult market conditions and poor consumer spending in supermarkets.Its financial results, published today, showed that turnover at the grocery distribution business fell to £36.4m for the year ended 31 May ...
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ArticleLondon Gateway and the changing face of container haulage
Last month Chris Lawrenson, MD of Pentalver, warned that the container haulage market would “change dramatically” over the next 12 months when the London Gateway opens at the end of the year.Well, Lawrenson’s crystal ball was correct. (Although he didn't predict London Mayor Boris Johnson turning up on site a ...
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Article
CitySprint acquires Enfield-based The Courier Service
Same day courier firm CitySprint has completed its third acquisition this year with its purchase of Enfield-based The Courier Service.CitySprint has acquired its local and national customer base, staff and operations, including its fleet of small vans, Luton vans and transit vans.The acquisition is its third this year, following the ...
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ArticleContinental Tyres renews and extends ND contract
Continental Tyres has renewed and extended its warehousing and distribution contract with Norbert Dentressangle for another five years.The new part of the contract will see ND’s Rugby site used as a consolidation point for orders delivered as full loads from Continental’s manufacturing plants across Europe ahead of deliveries to wholesalers ...
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ArticleAcumen proves profit is sanity in car deliveries
Last year Acumen Logistics Group gate-crashed the MT Top 100 for the first time, scant reward for a phenomenal performance over the past few years that has seen the company rise from an £8.2m turnover in 2009 to £20m in 2012.While this rate of growth has not all been organic, ...