Operator news – Page 208
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MT ArticleNightline founder Dave Field partners with BWG Foods to launch 'drop2shop' e-commerce business
A new e-commerce logistics business set up by the co-founder of Ireland’s Nightline has teamed up with BWG Foods to provide a pick-up and return service for online purchases.Dave Field, who helped set up Ireland’s largest independent supply chain business before it was sold to UPS in 2017, said Coll-8’s ...
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MT ArticleYodel rejects claims it may be seeking buyer
Yodel has denied it may be up for sale, following reports that its owners the Barclay family were reviewing their entire stable of UK businesses.Press reports in October 2019 suggested that the owners of Shop Direct, The Telegraph, the Ritz hotel, as well as parcel delivery business Yodel, were considering ...
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MT ArticleSTVA UK profits hit by sluggish car sales and Brexit uncertainty
A reduction in car registrations and uncertainty over Brexit led to a pre-tax loss of £480,000 at bimodal car transporter STVA UK in 2018.The most recent set of available accounts for the company showed that in the year ending 31 December 2018, turnover also reduced by almost 20% to £21.7m.The ...
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MT ArticleEuropa announces ambitious growth plans
Europa Worldwide Group has revealed it aims to hit a turnover of £1bn by 2027.Speaking at the company's first all-staff conference at the QEII Centre in Westminster, MD Andrew Baxter said: “Since taking over the company six years ago, my strategy was to put every piece of profit back into ...
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MT ArticleMajor contract win and acquisition spree help boost NWF Group profits
NWF Group saw its half-year pre-tax profit leap by 26% after landing a major new food distribution contract and buying another three fuel distribution operators.Reporting its first half-year results to 30 November 2019 the fuel, food and feed distributor, which owns Palletline member Boughey Distribution, unveiled a 5.6% rise in ...
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MT ArticleOwner of failed Nicholson's Transport receives suspended jail sentence for VAT fraud
David Nicholson, former owner of Nicholson’s Transport, which went under in June last year, has been found guilty of fraudulently evading payment of over £130,000 of VAT and given a 22-month suspended prison sentence.Durham Crown Court heard that a routine HMRC investigation in October 2018 found that company accountant James ...
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MT ArticleKinaxia Logistics names Simon Hobbs as group chief executive
Kinaxia Logistics has appointed Simon Hobbs to the newly-created role of group chief executive.Hobbs has previously held senior positions with Kuehne + Nagel, CEVA Logistics and DHL.The group has enjoyed 'significant and continued growth' over recent years, with annual revenues now topping £200m.Commenting on the move, Kinaxia Group founders Graham ...
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MT ArticleDHL Supply Chain signs five-year logistics deal with Sunseeker International
Mike Bristow (left), MD, manufacturing logistics, DHL Supply Chain UKI and Michael Straughan, COO, Sunseeker International, celebrating the new contractDHL Supply Chain has embarked on a new adventure after it signed a five-year contract with luxury yacht manufacturer Sunseeker International to be its logistics partner.DHL will manage all of the ...
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MT ArticleXPO Logistics considering "sale or spin off of one or more business units" but UK impact unclear
XPO Logistics has told motortransport.co.uk it is "too early to speculate" on news that it is considering selling or spinning off one or more of the company's business units.XPO's board of directors authorized "a review of strategic alternatives" last week, with chairman and CEO Bradley Jacobs saying that although the ...
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MT Article
Eddie Stobart Logistics CFO Anoop Kang to leave in April
Another key management figure is to leave Eddie Stobart Logistics, the company has revealed.Chief financial officer Anoop Kang has resigned, just weeks after ESL chief executive Sebastien Desreumaux handed in his resignation.This latest boardroom departure comes as the company prepares to issue its first financial statement since its takeover by ...
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MT ArticleWoodside Logistics Group defies "challenging" market to deliver pre-tax profit surge
Northern Ireland-based Woodside Logistics Group saw operating profit boosted by 20% to £2.8m last year, despite a “challenging environment”, its latest annual results have revealed.The group - which includes Woodside Haulage, Woodside Distribution, Woodside Motorfreight, Woodside Ireland, Woodside Tankfreight, Woodside Warehousing and Woodside Global - is based in Ballynure, Co ...
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MT ArticleWincanton wins kitchen and bathroom home delivery contract with Wickes
Logistics firm Wincanton has sealed a deal to deliver Wickes Showroom kitchen and bathroom products across the South West of England, Midlands and part of Wales.This is the second major contract Wincanton has landed with Wickes this year. Last week it announced a three-year contract renewal with the retailer for ...
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MT Article
NFT Distribution up for sale as pre-tax losses mount to over £30m
Chilled food distributor NFT Distribution Holdings, which is part of the EV Cargo group, is looking for a buyer after reporting losses of over £30m.NFT Distribution Holdings, which employs 1,900 staff and counts Sainsbury’s as one of its major customers, was acquired from private equity firm Phoenix Equity Partners by ...
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MT Article
Parkin loses backer in bid to take Clipper private again
Sun Capital Partners has abandoned its interest in making a bid for Clipper Logistics.Clipper executive chairman Steve Parkin, who founded the company in 1992 and owns nearly a third of its shares, was understood to be preparing a £300m bid with the Florida-based private equity firm to take Clipper off ...
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MT ArticleDPD top of new parcel delivery league table but Yodel finishes bottom
DPD has been voted the best parcel delivery service for the seventh year running in a customer satisfaction survey.Almost 9,500 people took part in the Money Saving Expert poll which was conducted just after the Christmas and January Sales peak.It asked people to rate the performance of all the major ...
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MT ArticleHyundai and Kia sign £85m electric vehicle deal with UK startup Arrival
(From right) Albert Biermann, president and head of the research and development division for Hyundai Motor Group, and Denis Sverdlov, CEO of Arrival, agree to invest in the joint development of electric vehicles at Hyundai Motor Group’s headquarters in SeoulHyundai Motor Company and Kia Motors Corporation have announced a "strategic ...
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MT ArticleJames Shaw & Son in administration but jobs saved
Stephen Shaw and his son AndyThe limited company set up by sole trader James Shaw & Son when it purchased R Whittaker in 2018 has entered administration, with all the staff transferred over to the long-running business.Director Andy Shaw said the incorporation of James Shaw & Son in March 2018, ...
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MT ArticleOwners of Scottish haulier receive NFU Stalwart award
Donnie and Kate McKerral receiving the award from incoming Regional Chairman Duncan Mcalister (right) and outgoing chair John Dickson (left))A husband and wife at the helm of a Scottish haulage company that has serviced Argyll and the Isles for more than 40 years have been recognised for their work.Donnie and ...
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MT ArticleD&A Media directors disqualified for seven years over inaccurate VAT returns
Two directors of a haulage firm with depots in Bristol, Swindon and Abingdon have been disqualified for seven years for failing to submit accurate VAT returns, leading to its subsequent insolvency.Andrew Emmett and Richard Grimes are both banned from being directors until 2026 following their involvement in D&A Media Bristol, ...
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MT ArticleSerco bin workers call off industrial action
Industrial action by Serco bin workers has been called off after the public services provider agreed to suspend round changes that the GMB union claimed had forced employees to cut corners.In a statement, Serco said it would suspend the changes made in November 2019, in order that a wider review ...