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Latest news – Page 728
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ArticleProfit rises 56% at Jack Richards & Son
Fakenham, Norfolk haulier Jack Richards & Son has reported a 56% rise in pre-tax profit, and £2.3m rise in turnover, for the year ending 31 May 2012.The firm said the increase was down to a number of factors, including a slight hardening in rates, successful efforts to improve fuel consumption, ...
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ArticleTNT Express blames challenges in Europe for profit fall
TNT Express saw a 13% drop in EMEA operating profit in the third quarter, despite a 3,2% turnover rise, due to “challenging trading conditions in Europe”.The parcel firm, which last week received a statement of objections from the European Commission ahead of its acquisition by UPS, did not perform as ...
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ArticlePotter Group Logistics delivers profit leap
Potter Group Logistics has credited stringent cost control, which hasn’t come at the expense of good customer service, for a 27% jump in annual pre-tax profit.Matthew Lamb, MD of Potter Group Logistics, said: “As always our focus is on delivering first class customer service.“We have achieved this while ...
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ArticleFedEx Express sets itself tougher green goals
Global express carrier FedEx Express is well on its way to achieving its goal of increasing the fuel efficiency of its vehicle fleet by 20% on 2005 levels by 2020. Steve Hobson asks Will Martin, MD of the UK operation, how it is being achieved here.Back in 2008, FedEx Express ...
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ArticleFairFuelUK gets duty rise message across to Treasury officials
Treasury minister Danny Alexander has pledged to review FairFuelUK’s (FFUK) economic report, which shows that the planned 3ppl duty rise in January will result in 35,000 job losses and reduce GDP growth by 0.1%.During a landmark meeting yesterday (29 October) with FFUK and its major backers the FTA and RHA, ...
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ArticleParcelforce reveals £75m investment programme
Parcelforce Worldwide is to invest £75m in its network and hubs over the next four years, creating 1,000 new jobs.The investment, which is part of parent company Royal Mail Group’s strategy to expand its express parcel business in the UK and internationally, will also see the opening of a new ...
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ArticleRaising fuel duty will destroy jobs and hinder economic growth
The government’s planned 3ppl fuel duty rise scheduled for January will result in 35,000 job losses and reduce GDP growth by 0.1%, FairFuelUK (FFUK) told the Treasury today (29 October).A detailed report produced for FFUK by the National Institute for Economic and Social Research (NIESR) reveals that as a result ...
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ArticleBuoyant UK logistics market benefits Norbert Dentressangle
A "buoyant" UK logistics market helped Norbert Dentressangle (ND) boost overall third quarter 2012 revenue by 10% to €2.9bn.Turnover growth was reported across all three of ND's business divisions, with much of this down to the acquisition of new business.Logistics revenue for Q3 2012 increased 6.4% compared to Q3 2011, ...
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ArticleHarrods opens new Berkshire DC
Upmarket retailer Harrods has opened its new 346,000ft² DC in Thatcham, Berkshire.Opened on 16 October, the site is its sole UK DC and replaces a facility at Osterley, west London.Purchased in May 2011, the DC will serve the retailer’s store in Knightsbridge, west London, as well as airport boutiques and ...
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ArticleVosa clamping down on illegal drivers without Initial Driver CPC
Vosa is cracking down on LGV drivers who took their test after September 2009 and are driving illegally because they have not acquired their Initial Driver CPC.Drivers who acquired their LGV licence before September 2009 have until September 2014 to get their Driver CPC, by completing 35 hours of periodic ...
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ArticleReborn Truckpol gaining momentum but questions remain
The reborn TruckPol intelligence service is gaining momentum and financial backing, according to National Business Crime Forum (NBCF) vice-chairwoman Jean Mountain.Mountain, who chaired a second meeting of the forum, which has resurrected TruckPol, told MT the Business Crime Intelligence Bureau, which works alongside the NBCF, had begun feeding information about ...
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Gist takes first 44 pallet double-deck reefers
Gist has added the first 44 pallet refrigerated double-deckers to its fleet, increasing its pallet-carrying capacity by 10%.The 20 temperature-controlled trailers, supplied by Gist’s long-term trailer manufacturer Gray & Adams, are tailored for deliveries of chilled foods, dairy products and cut flowers to retailers across the UK and the Continent. ...
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Motor Transport Team
Steve Hobson, EditorEmail: steve.hobson@roadtransport.comRead Steve's profileHayley Pink, ReporterEmail: hayley.pink@roadtransport.comRead Hayley's profile
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ArticleFowler Welch ambient success suggests strong year ahead
Fowler Welch is on course to achieve a stronger set of financial figures this year than last, the chief executive of its parent company has told MT.co.uk.Dart Group's Philip Meeson said despite tough prevailing economic conditions, Fowler Welch continues to grow its business and prove that its service levels are ...
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ArticleAcumen opens new Liverpool warehouse
Acumen Logistics Group subsidiary Acumen Distribution has opened a new 50,000ft² warehouse in Halewood, Liverpool, on behalf of an automotive parts supplier.The warehouse, close to Junction 6 of the M62, incorporates just under 2,000 pallet positions and a bulk storage area. It will handle bulk inbound components and deliver parts ...
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ArticleFairFuelUK prepares for face-to-face with the Treasury
FairFuelUK (FFUK) has secured a meeting with chief secretary to the Treasury, Danny Alexander, on Monday (29 October) to discuss the 3ppl duty rise planned for January.The meeting will include senior Treasury officials and RHA chief executive Geoff Dunning, and will focus on the findings of economic research funded by ...
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ArticleCo-operative comfirms Chelston and Portbury DC closures
The Co-operative Group has confirmed that its DC in Chelston, Somerset is to close by the end of November with its Portbury, Bristol site following suit next April.It comes after the recent opening of its new £20m RDC at Avonmouth and confirmation last week that consolidation would lead to job ...
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ArticleProfit leaps at ARR Craib as investment and cost-controls deliver
Growth in the oil services sector, investment in its Palletline business and improved vehicle utilisation helped Scottish haulier ARR Craib boost turnover and profit in the 12 months ending 31 March.Turnover rose 8.9% to £38.9m, while pre-tax profit was 56% higher, climbing from £873,117 to £1.36m.ARR Craib attributed the profit ...
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ArticleArgos to trial new distribution model
Argos is facing potential disruption after workers at on of its major DCs rejected a pay offerArgos is planning to trial a hub and spoke distribution model in January, which it hopes will offer rapid deliveries to its stores.The trial, which forms part of a five year transformation plan that ...
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ArticleStobart hit with £4.2m of chilled distribution restructuring costs
Stobart is still restructuring the former Innovate business it acquired out of administration in 2008 – a process that has been “more challenging, costly and further reaching than first planned”.The admission came as Stobart Group revealed profit rose 10% at its transport and distribution division (Eddie Stobart) to ...