Operator news – Page 237
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MT Article
House of Fraser and XPO Logistics still at an impasse, warns GMB
A union representing workers at two XPO Logistics sites said a report earlier this week that the operator and its client House of Fraser had reached a compromise appears to be false.XPO Logistics is owed £30.4m as a creditor of the department store chain, which was placed into administration on ...
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MT Article
Eddie Stobart Logistics' surge continues fuelled by new wins, acquisitions and retained business
Eddie Stobart Logistics' growth continued at a gallop in the first six months to 31 May 2018, driven by a mix of acquisitions, new contract wins and retained business.Turnover increased by more than a quarter (25.3%) in the period to £359.3m (2017: £286.8m).The operator’s acquisitions continued to perform strongly – ...
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MT Article
Harris Transport boss talks of the pain of seeing his family firm forced under
Harris Transport director George Harris has spoken of his heartbreak after the family firm established by his parents was forced into administration.Alexander Kinninmonth and Richard Brewer of RSM Restructuring were appointed as joint administrators of the Eastleigh-based transport, distribution and warehousing firm on 21 August.In a statement Kinninmonth said: "Unfortunately, ...
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MT Article
Union claims XPO Logistics and House of Fraser have struck compromise deal
XPO Logistics and House of Fraser may have reached a compromise in their supply chain dispute, which has paralysed the department store chain.The logistics firm is owed £30.4m as a creditor of the retailer, which was placed into administration on 10 August and saw most of its assets sold to ...
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MT ArticleJ Dickinson Transport joins Pallet-Track
Pallet-Track has welcomed J Dickinson Transport, based in Carlisle to the network.Dickinson Transport has left UPN and will cover the CA, TD and DG postcodes, which include the border areas between England and Scotland, for Pallet-Track.It is one of the hauliers brought in to address the areas previously covered by ...
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MT ArticleUnited Pallet Network welcomes LHT, AT Morgan and Spartan
United Pallet Network (UPN) has added three new members: LHT Logistics, AT Morgan and Son and Spartan Distribution.Swansea based AT Morgan and Son is new to pallet networks and will operate South Wales postcodes previously covered by South Wales Pallets.Spartan Distribution, based in west London, has left Fortec Distribution and ...
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MT Article
Harris Transport placed into administration
Southampton’s Harris Transport, which ceased trading last week, has now been placed into administration.Alexander Kinninmonth and Richard Brewer of RSM Restructuring have been appointed as joint administrators of the Eastleigh-based transport, distribution and warehouse firm.On 17 August, prior to the appointment of the administrator, 70 staff were made redundant with ...
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MT ArticleBowker Transport appoints a new chief financial officer
Andrew Gee, 53, has been appointed chief financial officer of Bowker Transport.Gee (pictured) joins with more than 20 years of financial experience including boardroom roles with JJB Sports, Dave Whelan Sports, HIMOR Group and most recently Lewis’s Home Retail (TJ Hughes).It is the first time a key position has been ...
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MT ArticleXPO Logistics and House of Fraser supply chain standoff continues
XPO Logistics remains in a standoff with the new owner of House of Fraser, with the department store group’s supply chain paralysed as a consequence.The logistics firm is owed £30.4m as a creditor of the retailer, which was placed into administration on 10 August and saw most of its assets ...
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MT Article
More than 600 jobs at risk at XPO Logistics as House of Fraser fallout continues
More than 600 jobs at XPO Logistics are at risk after the collapse and subsequent sale of House of Fraser to Sports Direct, which has left the operator owed £30.4m.The department store group initially agreed a company voluntary arrangement in June. The business was subsequently put into administration with EY, ...
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MT Article
Sale of NBS Transport's assets raises £45,000 but creditors unlikely to get paid
An online sale of assets belonging to an Oldham-based logistics firm that entered administration in June has raised around £45,000 – but creditors are still unlikely to be paid.NBS Transport collapsed with the loss of 20 jobs, due to cash flow difficulties “exacerbated by a significant law-margin contract and slow ...
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MT ArticleBiffa acquires Weir Waste Services
Biffa has acquired Weir Waste Services who provide waste and recycling solutions in Birmingham and the West Midlands region.WWS has been bought for a consideration plus debt of£16.2m, funded from Biffa’s existing cash and debt facilities.The business will be incorporated into Biffa’s industrial & commercial division, enabling the combined business ...
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MT ArticleHarris Transport ceases to trade
Southampton’s Harris Transport has closed its doors, with around 70 staff sent home last Friday (10 August).A spokesman for the haulier said: “The situation is that the company has ceased to trade and is arranging for customers to collect their goods.“The company has filed a notice of intention to appoint ...
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MT Article
Royal Mail fined £50m for 'deliberate strategy' to limit final mile competition
Royal Mail has been fined £50m by Ofcom for a “serious” breach of competition law, in which it abused its dominant market position and deliberately targeted final mile delivery competitor Whistl.Whistl, then TNT Post, was trialling final mile operations in London and Manchester when Royal Mail announced a hike in ...
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MT Article
Canute Haulage Group facing legal action from its former pallet network
Pallet-Track is preparing legal action against the new owner of Canute Haulage Group over a £50,000 debt, MT can reveal.Canute was a Pallet-Track member and covered multiple postcodes including CA, LA, TD, DG and RM.However, Pallet-Track is understood to have served Canute its notice in March, ahead of its controversial ...
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MT ArticleWincanton extends Ibstock Brick contract
Wincanton has extended its contract with brick manufacturer Ibstock Brick by four years.The operator manages 95% of the distribution of Ibstock Brick’s products and will be the sole supplier of transport at its new factory in Leicestershire, which opened in June.Ranald Forbes, director of construction at Wincanton, said: “Our specialised ...
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MT Article
Maritime Transport sets its sights on chilled distribution sector after strong 2017
Maritime Transport wants to grow in the chilled distribution sector, after a successful start to its contract running Tesco’s Snodland DC contributed to a strong performance in 2017.Taking over from Wincanton, Maritime began delivering chilled produce to Tesco stores in the South London area a year ago, and MD John ...
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MT Article
Asset Alliance buys Hanbury Riverside
Asset Alliance has bought renowned commercial vehicle dealership Hanbury Riverside for an undisclosed sum.The deal, including vehicle assets of more than £17m, completed yesterday (6 August) after more than six months of talks.Asset Alliance, which gains its first depot in the South East in the acquisition, welcomed the links the ...
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MT Article
Premier Logistics (UK) forced to improve terms of CVA for creditors
HMRC has forced through a revision to the original deal put forward for creditors of Premier Logistics (UK), which entered a Company Voluntary Agreement (CVA) earlier this week, MT can reveal.Following a meeting on 30 July where the revisions were put to creditors of the business, the tax man, which ...
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MT ArticleYusen Logistics UK snaps up ILG to boost its e-commerce offer
MT Top 100 company Yusen Logistics UK has snapped up e-commerce delivery and fulfilment firm ILG, in a move it claims will catapult it into the top ten of UK logistics providers.The deal, completed on 1 August, could deliver a 12% revenue boost to Yusen Logistics, which ranked 21 in ...