Operator news – Page 243
-
MT ArticleAspray takes the pain as it positions itself for future gain
A turn-round strategy introduced at Aspray Transport last year led to the next day carrier spending almost £400,000 to tackle a "highly challenging" environment resulting in the firm recording a loss.For the year ending 30 June 2017, the company, which trades as Aspray24, reported turnover fall of £32.4m (2016: £49m ...
-
MT ArticleCaldicot Group snaps up Overbrook Recovery
Gwent-based recovery firm Caldicot Group has acquired Overbrook Recovery in a move which will see the company expand its portfolio of depots to four regional centres.The deal see Caldicot Group take over Gloucestershire-based Recovery Group’s 30-strong staff and two depots, including an MOT and vehicle recovery centre in Hakwell in ...
-
MT ArticleMatthew Kibble Transport buys Fullforce Logistics
Matthew Kibble Transport has bought Coventry-based Fullforce Logistics.This latest acquisition, which follows the purchase of Kent-based Shakespeare Transport in March 2015, sees the Lancashire haulier broaden its geographical reach and gain a new Midlands operating base.It said further acquisitions are on the cards.Under the terms of the sale, former Fullforce ...
-
MT ArticlePremier Logistics MD confident firm will bounce back
Premier Logistics MD Lee Christopher has predicted the haulier will bounce back after two disastrous acquisitions and the end of its Pall-Ex work led to a £1m loss that triggered an emergency loan from its new network. The Leicestershire firm’s recently published accounts for the 16 months to 30 April ...
-
MT ArticleOwens Group enjoys strong revenue growth after steel sector recovery
Recovery in the UK steel sector combined with new contract wins helped boost Owens Group's turnover by more than a fifth last year.Reporting its results for the year to 30 June 2017, the company, which rebranded to Owens Group in 2016, recorded a 22% rise in turnover to £55.6m (2016: ...
-
MT Article
Moya Greene expected to leave Royal Mail in coming weeks
Royal Mail CEO Moya Greene is rumoured to be preparing to step down, with the head of the business's GLS division tipped to fill her shoes.Greene has been the CEO of the delivery giant for eight years, during which time she has overseen the privatisation of the business and the ...
-
MT Article
Eddie Stobart's push into manufacturing, industrial and bulk delivers growth
Eddie Stobart Logistics has seen its push around manufacturing, industrial and bulk (MIB) pay off handsomely, with the segment now its biggest turnover contributor, the firm said today (10 April).In the full year to 30 November 2017, the firm, which trades as Eddie Stobart, saw turnover growth of 37% in ...
-
MT ArticlePentalver Transport opens expanded container facility at DP London World Gateway
Pentalvar, ActrosContainer haulage specialist Pentalver Transport has opened its expanded container facility at DP World London Gateway deep sea port and logistics park on the River Thames.The expanded site adds 40% additional capacity to Pentalver’s London Gateway operation, which includes loaded and empty container storage, reefer and dry container maintenance ...
-
MT Article
DX Group does not have time to waste as turnaround plan gathers pace
DX Group’s new management team said last week that its turnaround strategy was gathering pace at the embattled business.With a pre-tax loss before exceptional items of £9m (2016: £500,000 loss) and a cash call for £4m from investors to allow it to deliver its vision for the reborn group, its ...
-
MT Article
AM Widdowson & Son successor was worthless by the end of its long road
AM Widdowson & Son ended its days with a whimper, after a CVA and two pre-pack administrations left little more than a husk, a new progress report confirms.Following the Leicester-based haulier’s purchase by Malta registered HLD Group in 2015, it went through the insolvency process several times under the administration ...
-
MT Article
Widdowson Logistics successor will survive difficult birth, says director
Glenfield Storage Solutions, a successor company to failed Widdowson Logistics, remains a going concern despite net liabilities of close to £98,000. Reporting its performance for the year to 31 March 2017, the company’s sole director Adam Clements conceded the business, which is based at Mill Lane Industrial Estate in Leicester ...
-
MT Article
DX Group makes cash call as wheels of its turnaround plan begin to turn
DX Group’s new management team has said its turnaround strategy is bearing fruit, as it made a cash call to investors for a further £4m to support its plans.After a horrific 2017, which saw the senior management team forced out after a power struggle with shareholders led by Gatemore Capital ...
-
MT ArticleWarley Carriers joins Pallet-Track from TPN
Shareholder status and “attractive” postal codes lured West Bromwich-based haulier Warley Carriers away from TPN to Pallet-Track.The family owned firm, which specialises in transporting automotive and retail goods between the UK and Ireland, will operate the Walsall (WS) and Birmingham B66 postcodes for Pallet-Track.The firm, which runs a fleet of ...
-
MT Article
Yodel pre-tax loss swells to £82m
Yodel made a pre-tax loss of £82.5m in its most recent financial year, which is the parcel operator’s biggest loss since 2013.The Barclay brothers-owned business has never managed to turn a profit, but for the year ended 30 June 2017 Yodel’s pre-tax loss leapt 64% compared with its loss of ...
-
MT Article
DPD to give self-employed drivers sick pay, pension and annual leave rights
DPD is to give its self-employed workers new rights including sick pay, annual leave and a pension as part of a new driver code, which comes after the death of a self-employed driver earlier this year.Self-employed driver Don Lane died in January after missing medical appointments to avoid a second ...
-
MT ArticleMartin Brower to limit fossil fuel use to 20% within two years
Martin Brower, which handles McDonalds' logistics in the UK, has a target of reducing its fossil fuel usage by 80% by 2020, and believes its use of biodiesel – based on waste product from the restaurants it delivers to – will help it hit that target.Speaking to delegates at the ...
-
MT ArticleS&S Distribution weathers challenges to make “strong contribution” to Palletline
S&S Distribution’s fleet investment programme and the loss of a local customer that relocated contributed to a fall in turnover and profit last year.In its latest annual results to 30 June 2017, Tonbridge, Kent-based S&S Distribution, which was bought by Palletline in May 2015, reported an 2.5% fall in turnover ...
-
MT ArticleLawsons takes deliver of its first CNG Iveco at LoCITY's Fuels in Action event
South East based Timber merchant Lawsons has taken delivery of its first CNG-powered vehicle, a 26-tonne Stralis NP.The truck joins a 90-strong fleet and was officially handed over at today’s (20 March) LoCITY Fuels in Action Roadshow held at Kempton Park Racecourse.David Harvey, group transport manager at Lawsons, said: “The ...
-
MT ArticleH&M Distribution buys Orion Express Services
Palletways member H&M Distribution has purchased Warrington-based Orion Express Services for an undisclosed sum.The acquisition of Orion Express comes 15 months after H&M Distribution acquired general haulier Hunt Brothers' transport division in November 2016.H&M Distribution, which has depots in Warrington, St Neots, Gloucester and Birmingham, said the purchase of fellow ...
-
MT ArticlePalletways introduces evening deliveries into its network
Palletways has introduced evening deliveries to its service offering, allowing it to deliver to customers for 12 hours every day. With the new delivery slots between 5pm and 9pm, the pallet network now enables its customs to pick between a morning, afternoon or evening delivery window.Using its ETA system, launched ...