Operator news – Page 216
-
MT Article
Wincanton mulls merger with Eddie Stobart Logistics
Wincanton is running the rule over a possible merger with Eddie Stobart Logistics (ESL).In a Stock Exchange announcement Wincanton said it is “currently undertaking a diligence exercise on Eddie Stobart and its assets, in order to enable it to assess the potential merits of a combination.“No proposal has been made ...
-
MT ArticleHilary Devey sells the pallet network Pall-Ex she founded to management
Pall-Ex Group has agreed a management buyout that will see founder, owner and chairwoman Hilary Devey step away from the day-to-day running of the business.The BBC’s Dragon’s Den star has agreed to sell the group to its network membership and management. Contracts were signed on 15 October and the deal ...
-
MT ArticleMoody Logistics' 'Warehouse to Wheels' scheme tackles driver shortage
A ‘Warehouse to Wheels’ apprenticeship programme is proving successful at Moody Logistics, after the Cramlington firm helped one employee transition from its distribution depot to life on the road.The apprenticeship is seen as another way of tackling the current driver shortage and gives recruits a wider appreciation of logistics as ...
-
MT ArticleAcclaim Pallet Express joins Palletforce
Heathrow-based Acclaim Pallet Express (APEX) has joined Palletforce in a move designed to boost sales and volumes.APEX MD Ravi Sandhu said it had covered west London postcodes for more than 25 years, but it was becoming increasingly difficult to compete against bigger operators: “Palletforce not only provides the support we ...
-
MT ArticleMaritime orders 330 Scania Highline tractor units
Maritime has put in an order for 330 Scania tractor units, with 260 scheduled for delivery before the end of the year.It is made up of 30 R410 4x2s and 300 R450 6x2/2 mid-lifts; all 330 include Highline cabs and Opticruise.The new trucks, supplied by TruckEast, will be based at ...
-
MT ArticleCEVA Logistics launches major new hub at London Gateway
CEVA Logistics has officially opened its new, integrated, end-to-end cold chain facility at DP World London Gateway this week.Dubbed the Chill Hub, the multi-temperature 10,000 sqm facility holds up to 10,000 pallet positions featuring seven independent chambers capable of operating at all temperature ranges from -25°C through to +16°C, allowing ...
-
MT Article
Cathay Investments buys Rhys Davies Logistics
Cathay Investments has acquired Cardiff-based logistics and warehousing firm Rhys Davies and Sons for an undisclosed sum.Rhys Davies and Sons, which trades as Rhys Davies Logistics (RDL), runs a fleet of 170 vehicles, including 150 articulated trailers, and has more than 560,000 sq ft of warehouse space across nine UK ...
-
MT ArticlePGS Global Logistics launches 'Not Your Average Joe' campaign to tackle driver shortage
Birmingham-based PGS Global Logistics is growing its own talent pool through a driver recruitment campaign dubbed “Not Your Average Joe’ which aims to attract younger candidates to train as HGV drivers.The company, which is a member of Pallet-Track, has enlisted Joe Eyles, son of MD Paul Eyles, as the face ...
-
MT ArticleDobbs Logistics quits TPN to join Pallet-Track
Dobbs Logistics has left The Pallet Network (TPN) after 17 years to join Pallet-Track.The family firm, which is based in St Leonards-on-Sea, East Sussex, will start its Pallet-Track commitments on October 21 covering the majority of the TN postcode area, which includes large parts of Surrey, Sussex and Kent.Dobbs Logistics ...
-
MT ArticleEuropa Worldwide starts work on £60m Midlands superhub
Work has started on Europa Worldwide Group’s new £60m, future-proofed 715,000 sq ft logistics facility at Midlands Logistics Park in Corby.The scheme, which is due for completion in June 2020, will become Europa’s largest UK facility and includes ceiling heights above the industry standard 18 metres to facilitate three floors ...
-
MT ArticleHaulage directors jailed for tax fraud
Two directors of Wisbech-based haulage firm HL & RV Anderson have been sentenced after being found guilty of committing a £130,000 tax fraud.Cambridge Crown Court heard that between July 2012 and June 2015 Barry Anderson and Christopher Alecock told employees that National Insurance Contributions (NICs) and income tax totalling £58,968.87 ...
-
MT ArticleHeathcliff Haulage co-founder gets suspended sentence
The co-founder of Wisbech-based Heathcliff Haulage has received a nine-month suspended jail sentence for breaching his directoral disqualification by continuing to act as a director and launching a second haulage company.Norwich Crown Court heard that Heath Noel-Storr was disqualified as a director on 5 January 2012 after the company, which ...
-
MT ArticleMansel Davies pleads guilty to records fraud
Welsh haulier Mansel Davies has pleaded guilty to 19 counts of forgery and counterfeiting maintenance documents for HGVs.Additional charges against MD Stephen Mansel Davies have been dropped.The case, heard at Swansea Crown Court last month, relates to charges that were brought against Stephen Mansel Davies and employee Jonathan Wyn Phillips ...
-
MT Article
Lenders to Eddie Stobart Logistics draft in advisers 'to negotiate potential debt restructuring'
Lenders to Eddie Stobart Logistics (ESL) are understood to have recruited advisers to help negotiate a potential financial restructuring of its £155m net debt position.Sky News claims lenders have called in Alverez & Marsal, a global professional services firm notable for its work in turnaround management and performance improvement for ...
-
MT ArticleCreditors of Duncan Adams unlikely to be repaid in full, says Deloitte
Creditors owed money by Grangemouth haulier Duncan Adams, which entered administration in March, are unlikely to receive anything due to insufficient funds.A progress report from Deloitte said that as of the end of August, book debt collections of £1,952,000 had been received, which meant that the company’s secured creditor had ...
-
MT ArticleStrike action moves step closer in Biffa CCTV dispute
Biffa drivers in Winchester have given their union a mandate to ballot for industrial action in a dispute over the installation of CCTV in their lorry cabs.The GMB union said it had a number of health and safety concerns at the company regarding waste drivers and putting CCTV in lorries ...
-
MT Article
Kinaxia Logistics turnover up but profits hit by warehouse costs
Kinaxia Logistics grew turnover by 40% last year, reflecting the full-year effect of its acquisition spree during 2017 and 2018.However, it made a pre-tax loss of £755,540 after its investment in two major warehousing operations incurred “heavy set up costs”, relating to rent, rates, labour and fit-out expenditure.It said significant ...
-
MT Article
Meachers Global Logistics enjoys profit hike despite driver shortage
Meachers Global Logistics has posted an increase in turnover and profits, but said rising costs and a shortage of drivers is proving challenging.The Southampton-based logistics company increased group turnover by 17.2% to £30.6m in the year ending 31 May 2019.Pre-tax profit increased by 16.5% to £2.2m.In its review of the ...
-
MT ArticleDBAY Advisors given more time to prepare takeover bid for Eddie Stobart Logistics
One of Eddie Stobart Logistics’ (ESL) largest shareholders has been granted an extension by UK regulators to make a firm takeover offer for the beleaguered haulage firm.DBAY Advisors now has until 16 October to either make a buyout bid or walk away.The development comes after a “highly preliminary expression of ...
-
MT Article
Challenge-trg Group gives non-native speaking staff English lessons as Brexit deadline looms
Logistics and recruitment and distribution company Challenge-trg Group has introduced English lessons for non-native speaking drivers and warehouse staff.The move forms part of its plan to tackle any fallout from Brexit, which it claims will have "a significant impact" on logistics and warehousing businesses across the country.“We have introduced English ...