Operator news – Page 252
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MT ArticleBrit European group returns to profit
The Brit European group of companies made its first profit in three years in 2016, newly published accounts show.In the 12 months to 31 December 2016 pre-tax profit stood at £339,614 compared with a loss of £753,000 a year ago.Carman (Holdings), whose subsidiaries include Brit European Transport and Silver Arrow ...
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MT ArticlePalletforce to open Chinese division in 2018
Plans to launch a Chinese division of Palletforce are "well underway", with a pilot expected to take place in Shanghai next year. The network’s chief executive Michael Conroy told MT that the Chinese business won’t carry the Palletforce name because of translation issues, but that it will be a division ...
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MT ArticlePalletforce shifts focus to members after official hub opening
HRH The Princess Royal attended the new Super Hub Opening of PalletForce in Burton upon Trent today, where she unveiled a plaque and was given a model truck as a present for attending.Attracting the “best members in every postcode” will be Palletforce’s priority in the next year now its Burton-on-Trent ...
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MT ArticleGefco's £10m Liverpool hub goes live
(l-r) Pierre-Jean Lorrain, Philippe Doyer, Lord Mayor Malcolm Kennedy and Zsolt VecseraLogistics firm Gefco UK has officially opened a new £10m hub in Liverpool, which will serve the automotive logistics sector.The new centre, based in Speke, is located close to automotive manufacturing sites in neighbouring Halewood, which the firm said ...
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MT Article
NHS contract changes hits DHL Supply Chain; DHL Express sees 12% growth
DHL said that it remains satisfied with the performance of its Supply Chain subsidiary, despite a 23% year-on-year fall in turnover caused in part by a change in the way its NHS Supply Chain contract reports revenue.For the year-ending 31 December 2016 turnover at DHL Supply Chain fell from £4.01bn ...
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MT Article
Royal Mail: there are 'no grounds' for upcoming employee strike
Royal Mail has said there are "no grounds" for the strike action its employees voted in favour of yesterday, as tensions over a range of issues including pensions came to a head. With a 73% turnout, the Communication Workers’ Union (CWU) members voted 89.1% in favour of taking action in ...
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MT ArticlePall-Ex sees shortage of labour as the biggest threat for hauliers from Brexit
Kevin Buchanan, MD, Pall-Ex GroupPall-Ex is well placed to deal with any short-term consequences from Brexit but believes any reduction in the availability of EU labour could hurt the UK’s transport industry.Speaking to MT, MD Kevin Buchanan said that while there remained great uncertainty around Brexit, Pall-Ex Group itself was ...
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MT Article
Wincanton making redundancies as Industrial and Transport division struggles
Wincanton has been forced to make redundancies to offset falling profit in its Industrial and Transport division. In a trading update today (3 October), Wincanton said while it expects profit for the current financial year to meet expectations, it has set aside an exceptional charge of £7m to fund cost-saving ...
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MT ArticleKinaxia Logistics hungry to snap up more haulage firms to fuel growth in 2018
Kinaxia Logistics is set to deliver “enormous growth” this year and acquire a number of hauliers in the first quarter of 2018, according to director Peter Fields.Parent company Kinaxia has bought eight haulage companies since launching Kinaxia Logistics in 2012.These include Bay Freight, William Kirk, NC Cammack and Sons, Foulger ...
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MT Article
DPD smashes through the £1bn turnover barrier for the first time
DPD topped £1bn of turnover for the first time in 2016 and the Motor Transport Award multiple winner said it is aiming for £2bn of turnover by 2025.Its DPDgroup UK division achieved a turnover of £806.2m in the year-ending 1 January 2017, up from £700.2m in the previous year. Pre-tax ...
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MT ArticleEddie Stobart adds driver training and recruitment strings to its business bow
Stobart's driver recruitment and training stand at Truckfest NorthwestEddie Stobart has relaunched its Training Academy and Driving School, offering would-be new HGV drivers finance to help fund their licence acquisition and a guaranteed interview with Britain’s best-known haulier.The company had an impressive display at Truckfest Northwest, both to recruit already ...
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MT ArticleFleetstyle Distribution sold to Gateway to Wales after entering administration
Fleetstyle Distribution in South Wales has entered administration, 25 years after it first opened.The Swansea haulier, which had an O-licence authorising nine HGVs, appointed administrators on 11 September, but according to a spokesman at the firm its business and assets were then sold in a pre-pack deal.When MT contacted the ...
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MT ArticleEddie Stobart's container business, O'Connor, takes a hit after national push
Eddie Stobart containerEddie Stobart Logistics subsidiary O’Connor Container Transport is set for further integration into the group after racking up a loss of £800,000.The loss, which the firm attributed to its strategy to turn the regional business into a national player, is laid bare in the company’s results for the ...
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MT Article
DX Group sells sites and borrows £2m from shareholder to repay loan
DX Group has sold five of its properties and taken a loan from its biggest shareholder to pay back a bank loan.The group has committed to a sale and leaseback of its sites in Thatcham; Basildon; Rotherham; Northampton and Nottingham. The deal with Chancerygate (Livingston) is due to complete on ...
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MT ArticleSterling's fall from grace hurts Laser Transport International
Laser TransportLaser Transport International suffered a "savage" financial hit due to the devaluation of the pound in 2016 after the UK's vote to leave the EU, newly published accounts show. In its results for the year to 31 December 2016, the Hythe-based international freight company and former MT Haulier of ...
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MT ArticleCEVA refreshes fleet with 120 vehicle lease deal
CEVA IvecosCEVA Logistics has signed a three-year lease deal with Dawsonrentals Truck & Trailer to take 120 new vehicles as upgrades to its fleet.The Iveco Stralis units, with sleeper cabs, will begin to be delivered from this autumn.They will be used across a range of CEVA operations including consumer retail, ...
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MT ArticleCollapsed TT Express (Oldham) snapped up by John Raymond Transport
TT Express (Oldham) has been sold to John Raymond Transport in a pre-pack deal after it went into administration last week (15 September). The 40-year-old business appointed administrator KPMG the same day, which immediately transferred the assets and 56 employees to an unconnected party – TT Express Group.Both TT Express ...
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MT ArticleThreat of industrial action rises at Co-op as disabled driver row escalates
The Co-op has accused Unite of ignoring its agreed processes, as a dispute over the firing of two disabled drivers at the supermarket’s Thurrock DC escalated. Unite’s 345 drivers at Thurrock are set to vote on whether to go to a full-scale industrial action ballot in defence of two sacked ...
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MT Article
New European CEO for XPO Logistics
XPO Logistics has promoted its MD of European supply chain to the role of European CEO.Malcolm Wilson replaces Troy Cooper. Cooper had held the role since XPO bought Norbert Dentressangle in 2015, as well as his position as global chief operating officer (COO). Cooper continues in the global COO role.Wilson ...
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MT Article
Ministry of Defence contract boosts Kuehne + Nagel
Kuehne + Nagel said that the performance of its contract logistics division “continues to be impressive” after a “game-changing” contract with the Ministry of Defence saw turnover rise 33% year-on-year.According to its most-recent filing at Companies House, turnover at K+N’s contract logistics division rose from £389m to £516.7m for the ...