Operator news – Page 261
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MT ArticleExpect Distribution takes 18 trailers from Ryder
Expect Distribution is to take delivery of 18 more trailers from Ryder. The trailers bring the Bradford-based firm's contract hire fleet with Ryder to 115 and follows the delivery of 31 vehicles - a mix of tractor units, trailers, and trucks - during 2016.The new triaxle curtainsiders, manufactured by SDC, ...
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MT Article
Fuel efficiency boosts pre-tax profit at CM Downton
Fuel efficiency increases from its Euro-6 fleet boosted CM Downton’s pre-tax profit last year. For the year ended 30 June 2016, Downton recorded a pre-tax profit of £5.7m, up 12% on the previous year’s £5m.A CM Downton spokesman said: “Part of the reason for the slight increase in profit was ...
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MT Article
Whistl profit up 145% in first full year after separation from Post NL
Whistl saw a leap in pre-tax profit in its first full-year results since the MBO that saw it separated from its PostNL origins. For the year ended 31 December 2016, Whistl recorded pre-tax profit of £8.4m; a 145% increase on 2015’s loss of £18.7m.Chief executive Nick Wells said this was ...
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Sponsored contentSPONSORED: 'We Are Europa' – video celebrates passion for logistics
Leading independent logistics operator Europa Worldwide Group has launched an innovative video to showcase the real people behind the on-going successes of the business as they tell the story of four years of challenge, courage and ambition.The video is filmed at Europa’s site in Dartford, a £30m facility which is ...
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MT Article
Eddie Stobart Logistics to return to the stock market in blockbuster listing
Eddie Stobart Logistics returns to the stock market next month with a listing on the Alternative Investment Market (AIM) that will value the operator at more than half a billion pounds.In a statement today, the haulier’s holding company, Greenwhitestar Capital, said it would be seeking admission to AIM in a ...
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MT ArticleSimon Gibson Transport boosts fleet with 51 Volvo FHs
Rapid growth at East Yorkshire bulk powder haulier Simon Gibson Transport has seen the firm strengthen its fleet with 51 new Volvo FH 6x2 tractor units. These are the latest additions to the firm’s fleet, which has expanded from 94 to 186 vehicles in the past year after European logistics ...
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MT Article
Palletways opens Bristol hub as part of regional expansion plan
Palletways has launched a £200,000 hub in Bristol as part of its strategy to drive growth through regional expansion.Dubbed the South West Hub, this is the network’s fifth regional site in the UK.Located just off the M5 in Avonmouth, the hub will process around 500 pallets a day, adding to ...
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MT Article
DX Group investor calls for board change after 90% drop in share price
A 90% plummet in DX Group's share price has prompted its largest shareholder to call for the removal of two board members for their "inexcusable" performance. Gatemore Capital Management, which owns 11.3% of DX Group, has requested an EGM to discuss the removal of board chairman Bob Holt and non-executive ...
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MT Article
Widdowson Logistics made service agreements with people associated with failed business
The Widdowson story has taken another twist with the revelation that, after its latest pre-pack administration, the Leicester-based haulier entered into service agreements with individuals associated with the failed business.Widdowson Logistics was placed into administration on 23 January with Leonard Curtis, which has handled all of the operator’s recent insolvency ...
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MT ArticleTruswell Haulage leaves Palletforce for Palletline
Truswell HaulageTruswell Haulage has left Palletforce for Palletline in order to centralise pallet operations around its hub.The Barnsley-based business, which was a Palletforce member for six years, said that while there was no bad blood between it and its former network, the move would boost operational efficiency.MD Ian Truswell ...
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MT Article
FedEx UK tight lipped on four new acquisitions
FedEx UK made four acquisitions totalling £13.8m in the past 10 months – but has declined the opportunity to say why.The acquisitions are noted as events that took place after the closure of the most recent financial year at the UK arm of the international express delivery giant on 31 ...
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MT Article
Wave of truckstop closures could see drivers exceeding their hours, warns Brian Yeardley Continental
Brian Yeardley Continental has warned that the closure of the Folkestone Harbour and Alconbury truckstops, combined with the shutting down of French truckstops near Calais, could force UK drivers to exceed driving hours.Hauliers have suffered a slew of truckstop closures in recent weeks, in the UK and France.The A1(M) Alconbury ...
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MT Article
Knights of Old results show strong performance despite fall in profit
Knights of Old delivered a "strong financial performance" in the year ended 31 May 2016 despite challenging market conditions, according to its annual report.Group turnover increased by 2% to £49.4m (2015: £48.4m). The strongest contribution came from warehousing, which saw revenue increase more than 30% compared with a flat performance ...
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MT ArticlePie Mapping ready to expand after DPD acquisition
DPD's acquisition of Pie Mapping has put the technology company in a strong position to expand, said CEO Stuart Hill.Hill, founder of wnDirect (also recently acquired by DPD), replaces Freddie Talberg, who will remain an advisor to the business.Hill said: "I think Pie Mapping has a real opportunity to be ...
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MT Article
Business takes off at Wincanton's Flatnet Construction
Wincanton-owned 4PL business Flatnet Construction is looking to recruit more hauliers having completed more than 32,000 loads in its first 21 months of trading.Founded in in June 2015 in Ilkeston, Derbyshire with three members of staff, it has since relocated to bigger premises in a shared office development in Alvaston.Flatnet ...
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MT Article
CM Downton buys 300 vehicles after contract wins and extensions
Growth from new and existing contracts has seen CM Downton add 300 new vehicles to its fleet. The operator has bought 100 Daf XF 6x2 tractor units fitted with Super Space cabs and AS Tronic automatic transmission.It has also ordered 100 curtainsider trailers from Tiger Trailers and 100 Cartwright curtainsiders, ...
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AM Widdowson & Sons administrator chasing overdue sale payments from successor firm
AM Widdowson & Son's administrator, Leonard Curtis, is pursuing the sale-guarantor for arrears relating to last year’s deal, according to a progress report.AM Widdowson & Son was sold in a pre-pack deal for £2.5m to Widdowson Logistics last year, a business “associated by the common ownership” of HLD Group.A non-cash ...
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MT ArticleSP Training to run apprenticeship scheme for Stobart Energy
Robin Brown, MD of SP Training (left), takes delivery of two Scania's from Dale Foster, head of vehicle sales and replacements at Stobart Group: CREDIT: Stuart Walker Photography 2017Stobart Group is to use Carlisle-based SP Training to run an apprenticeship scheme and provide drivers for Stobart Energy – ...
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MT Article
Bullet Express MD urges industry to fight increasing business rates
An operator has urged the industry to fight the increase in business rates after discovering he will face a £28,000 hike.Bothwell, Lanarkshire-based Bullet Express MD David McCutcheon said the increase, effective from 1 April, represented a 26% increase on his previous rates bill.“The haulage industry is sitting on a time ...
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MT ArticleDHL Express opens new HQ near Heathrow
The Heathrow-based Southern hub for DHL Express opened in March 2017.DHL Express has opened its new 150,000ft2 UK headquarters and southern hub near Heathrow airport, which is home to approximately 750 employees.“Our new southern hub ensures we meet our customers' needs long into the future,” said DHL Express UK chief ...