Operator news – Page 235
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MT Article
John Gregory on why he did his biggest deal to date, adding ARR Craib to the fold
Gregory Distribution (Holdings)’s largest purchase to date, ARR Craib Transport, creates a £200m-plus turnover group, but it was the Scottish haulier’s regional focus that made the deal so attractive.Speaking to MT, John Gregory, MD of Gregory Distribution, said the purchase had been in the pipeline since ARR Craib’s chief executive ...
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MT Article
R Swain makes tenth acquisition and restructures management team
R Swain & Sons has continued its acquisition spree with the purchase of Express Freight Services (Birmingham) this year, newly published accounts reveal.The acquisition emerged in the directors' review of the business in the company’s annual results, which cover the year to 31 December and also detail major change in ...
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MT Article
Currie Solutions makes second consecutive loss in the face of fierce competition
Fierce competition for southbound loads combined with rising operating costs saw Currie Solutions deliver a pre-tax loss for the second year in a row, its latest annual accounts show.The Dumfries-based haulier, which has a fleet of more than 250 trucks and 500 trailers, posted a pre-tax loss of £130,900 (2016: ...
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MT Article
Unite threatens strike action at Tesco Doncaster warehouse
Deliveries to Tesco stores in Yorkshire and the north east could be under threat due to a pay dispute at the company’s Doncaster DC, a union has warned.Unite said pay talks have been ongoing for three months at the site, which employs 580 warehouse staff, but have now stalled due ...
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MT Article
Fowler Welch has contracts with Heck Foods UK and Barfoots extended
Fowler Welch has won extensions to two contracts from clients Heck Foods UK and Barfoots.Sausage manufacturer Heck Foods UK, and farming company Barfoots, have renewed contracts with the chilled food specialist.Read more Fowler Welch extends partnership with Bernard Matthews Fowler Welch takes short-term hit as it sows seeds ...
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MT Article
Donnelly Transport placed into administration with the loss of 27 jobs
Northern Ireland haulier Donnelly Transport has entered administration, with all 27 employees made redundant.The company, which was based in Scarva and operated in the UK and Ireland, specialised in steel haulage.The decision was taken to appoint joint administrators from RSM on 26 September.A spokeswoman for RSM said Donnelly Transport had ...
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MT ArticleKinaxia Logistics sets sights on purchase of 11th haulier by the year's end
Kinaxia Logistics will buy its 11th haulier by the end of the year, according to director Peter Fields.Speaking to MT this week, after the announcement of Kinaxia’s acquisition of AKW Group, Fields said the haulage and warehousing group was set to purchase another logistics firm within “the next few weeks” ...
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MT Article
Kinaxia Logistics swoops for AKW Group, marking its tenth haulage purchase
Kinaxia Logistics has made its tenth acquisition with the purchase of Palletline-member AKW Group for an undisclosed sum.Announcing the deal the UK haulage and warehousing company said it is planning further acquisitions over the next 18 months.Kinaxia said the purchase of the Trafford Park-based group, which includes Global Logistics and ...
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MT ArticleHargreaves Logistics MD Andrew Spence-Wolrich leaves the business
Hargreaves Logistics MD Andrew Spence-Wolrich has left the business.The move follows the merger of Hargreaves Logistics with Hargreaves Services coal production and distribution business earlier this year as part of a wider cost cutting strategy.Hargreaves Logistics will be overseen by Hargreaves Services coal production and distribution MD John Burns.Spence-Wolrich, who ...
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MT ArticleOver 200 jobs at risk at DHL Supply Chain and DSV Road over Hovis mill closure
More than 200 driver and warehouse jobs are under threat after Hovis’s decision to pull out of its distribution deals with logistics firms DHL Supply Chain and DSV Road, according to a union.The decision is part of wider plans to close down Hovis's Southampton mill. The move will see the ...
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MT Article
Analysts warn of further challenges for Royal Mail after profit warning
Royal Mail’s profit warning has been met with shock by analysts who have warned that the group faces relegation from the FTSE 100 if it cannot tackle its productivity problem.In a trading update for the half year to 23 September 2018 released yesterday (1 October) the group revealed a 7% ...
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MT Article
DX Group turnaround gathers pace as firm trims annual loss
DX Group has declared it is on the road to recovery, after trimming its annual loss by more than £60m.Releasing its results for the year to 30 June 2018, the company made a loss after exceptional items of £19.9m compared with a loss of £82.3m in the same period a ...
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MT ArticleGregory Distribution strengthens national presence with ARR Craib Transport buy
Gregory Distribution (Holdings) has acquired ARR Craib Transport, for an undisclosed sum.ARR Craib Transport has its headquarters in Aberdeen, with additional operations in Cumbernauld, Stockton and Great Yarmouth.Craib’s is a private family company that has traded for more than 50 years. Initially the business was linked to the paper industry ...
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MT ArticleAIM targets DAF XFs for fleet growth
AIM Logistics has added 12 new DAF XF 480 tractor units to its fleet.It means the the temperature controlled transport specialist’s fleet is now 80% DAF.AIM has operated a number of premium duty tractors across a range of major truck manufactures since 2004 and describes DAF as better “by a ...
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MT Article
Grocontinental's profit was up in the year it was bought by AGRO Merchants Group
Grocontinental increased pre-tax profit by almost 13% to £5.2m just before being snapped up by Dutch firm AGRO Merchants Group.Latest figures for the Shropshire cold storage and logistics business showed that when calculated pro rata for a 12-month period ending November 2017, it reported a turnover of £36m, up 6.8% ...
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MT ArticleBullet Express takes wing with new DAFs and Montracon trailers
Bullet Express has added 12 new DAF XFs and 11 new tri-axle Montracon curtainsider trailers to its fleet.The trucks and trailers are on full-service contract hire agreements via Asset Alliance.David McCutcheon, MD of Bullet Express, said: “Asset Alliance was the clear standout of all the suppliers we approached.“They offered us ...
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MT Article
DHL Parcel UK takes over Connect's Pass My Parcel network saving it from closure
DHL Parcel UK has taken over the Pass My Parcel network today (1 October).Pass My Parcel owner Connect Group announced in June that it was to close down the venture as part of a three-step programme to turn its fortunes around.However, it has now reached an agreement with DHL Parcel ...
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MT Article
Elddis Transport takes profit hit after upgrading fleet and IT system
An investment in Elddis Transport’s fleet and IT systems and the need to restate its 2016 accounts due to an “adjustment” in the way its hire purchase interest was reported, saw annual profit fall in its latest published accounts.In the year to 31 December 2017 the County Durham operator revealed ...
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MT ArticleAbbey Logistics believes new animal feeds division will help it grow to £100m
Steve Granite, MD of Abbey Logistics, has said the business’s new animal feeds division will fuel his ambitions to create a £100m group within the next three to four years.Abbey Logistics unveiled its new animal feeds division, which will provide bulk transport and logistics for animal feed nationwide, yesterday (26 ...
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MT ArticleYusen Logistics wins nationwide retail and trade distribution deal with Smeg UK
Mike Giddings (left), MD for Smeg UK, and Nick Rees (right), Commercial director for YLUKYusen Logistics has been awarded the nationwide retail and trade distribution contract by Smeg UK.The high-end consumer products manufacturer has partnered with Yusen Logistics, replacing Canute Group, to enhance its supply chain offering.The arrangement sees the ...