Operator news – Page 262
-
MT Article
Meachers Global Logistics sees turnover and profit drop
Meachers Global Logistics saw a reduction in turnover and profit last year.The Hampshire-based company recorded a 1.9% drop in sales, from £25.5m to £25m for the year ending 31 May 2016.Pre-tax profit slid 8.7% to £1.9m but the company said the “marginal reduction” was in line with expectations.In its business ...
-
MT Article
Eddie Stobart partners with Lomas Distribution
Eddie Stobart Logistics and Lomas Distribution have entered into a partnership whereby the Buxton-based powder and aggregates firm will provide training for the high-profile haulier’s drivers.Lomas MD Richard Lomas said the tie-up was prompted by Stobart’s move into the construction industry and his company’s expertise in this area.“I am good ...
-
MT Article
Simon Gibson Transport avoids penalty from TC
Groupe Charles André-owned Simon Gibson Transport has escaped with a formal warning from deputy traffic commissioner (TC) Tony Secular after drivers at the firm were found to be in breach of drivers’ hours rules.Secular said he was satisfied that steps had been taken at the bulk powder tanker operator to ...
-
MT Article
Driver shortage and Driver CPC slashes profit at Aspray Transport
A shortage of drivers, the introduction of Driver CPC and a drive to improve its services saw Aspray Transport’s pre-tax profit fall in the year ended 30 June 2016, despite turnover growth of more than a third. The operator’s pre-tax profit fell by 22% year-on-year, from £1m to £779,000.However Aspray’s ...
-
MT Article
Hundreds of jobs threatened at XPO Logistics as Sainsbury's moves to new DC
Hundreds of jobs at XPO Logistics’ depot in Stone, Staffordshire are under threat after Sainsbury’s decision to transfer its operations to a new national DC.The supermarket giant plans to move its operations from Stone to its new frozen food DC in Northampton in early 2019.XPO Logistics, which owns and operates ...
-
MT Article
DX Group Essington 'super hub' plans blocked for second time
DX Group has had its revised planning application for a 'super hub' at Essington in the West Midlands rejected by the local council.The rejection follows the group’s profit warning last month, which it attributed to continuing challenges in the courier market and margin pressure in its freight business.DX Group had ...
-
MT Article
Limits on Royal Mail parcels service retained to protect competition
Ofcom has ruled that in order to maintain competition in the parcels sector, the cap on Royal Mail's second-class stamp parcel service must remain.In its Review of the Regulation of Royal Mail, Ofcom said the post and parcel company “retains a strong position in single piece and light-weight bulk ...
-
MT ArticleBowring Transport delivers strong trading year thanks to construction boom
Government road projects generating demand within the construction sector helped Bowring Transport perform strongly last year, according to its latest annual results.In the year to 31 May 2016, the Mansfield, Nottinghamshire-based firm said that despite “a modest decline” in turnover to £12.2m (2015: £12.6m) and in pre-tax profit to £1.6m ...
-
MT ArticleWincanton expands tanker fleet as construction arm grows
Wincanton has expanded its construction fleet after winning an eight-year contract with Hanson last year, which made it the first 3pl to move into the ready-mixed concrete sector.The operator has bought 26 new Feldbinder tankers mounted on Mercedes-Benz chassis.Wincanton delivers half a million cubic meters of ready-mixed contrete to Hanson's ...
-
MT Article
Argos staff to protest over job security, as retailer prepares to transfer 400 staff to Wincanton
Argos employees from across the UK are to protest outside its new owner Sainsbury’s’ HQ next week, after the company failed to guarantee their futures within the business.More than 400 employees are due to be transferred to Wincanton next month, and Unite said it is concerned for its members’ futures ...
-
MT Article
C Butt trims loss despite fall in turnover
C Butt made a loss for the year ending April 2016 of almost £356,000, but added its balance sheet and cash reserves remained strong.The pre-tax loss was down on previous year's £557,060. The reduction its annual loss was achieved despite a reduction in turnover to £13.7m (2015: £14.5m).The company undertook ...
-
MT Article
Unstable exchange rates knock XPO Logistics' UK growth
Poor exchange rates negated turnover growth in the UK division of XPO Logistics, according to the group’s 2016 figures.The former Norbert Dentressengle’s UK operation recorded turnover of €1.53m (£1.29m); a 1.7% drop compared to 2015’s €1.55m.However the group said that turnover in the UK had actually grown, and said at ...
-
MT ArticleHeanor Haulage closing transport arm to focus on warehousing
Long-standing heavy transport firm Heanor Haulage is closing its haulage arm this month to focus on warehousing and storage.The Ilkeston, Derbyshire company has instructed Malcolm Harrison to auction off its fleet of rigids and artics on 25 March, as well as sell off its customer base, phone book, contacts and ...
-
MT ArticleCo-op installs new Tiss fuel safety device across fleet
Co-op is to install fuel security firm Tiss’s latest TankSafe Fuel Security and Safety device in its new vehicles.The supermarket is thought to be one of the first UK businesses using the new Impregnable – HF device, which Tiss claims prevents any siphoning, skimming or spillage of fuel from HGVs.Between ...
-
MT ArticleFly By Nite buys Cartwright trailers to support business growth
Fly By Nite is continuing to boost its fleet, ordering 16 new trailers from Cartwright. The Redditch-based events haulage company, whose customers include Madonna, Rihanna and Lady Gaga, has seen business grow rapidly over the past few years as falling album sales have driven bands to tour more frequently.Fly By ...
-
MT Article
Seafield Logistics creditors made claims totalling more than £7m
The liquidator for Seafield Logistics received unsecured claims of more than £7m.A liquidator’s progress report from Grant Thornton, published as the failed business enters the final stages of the insolvency process, revealed claims for £7.1m were made following the operator’s collapse in June 2014.Grant Thornton said in the report that ...
-
MT ArticlePall-Ex buys two members to ensure continuation of service
Pall-Ex has bought two of its long-standing members to prevent the network losing them as their owners retire.It has bought Shears Brothers, which joined the network in 1997. It has also purchased the logistics arm of Essex-based Bowden Transport, which joined in 1999 and will now trade as Bowden Logistics ...
-
MT Article
Former MAN Truck and Bus CEO Des Evans joins Axis Fleet Management board
Former MAN Truck and Bus UK CEO Des Evans has joined Axis Fleet Management as a non-executive director.With more than 40 years of industry experience, Evans (pictured) received an OBE last year for services to the motor industry.He won the Motor Transport Services to Industry Award in 2014.Evans said he ...
-
MT Article
Davis Haulage collapsed after overextending itself, says administrator
Davis Haulage, which was sold to Buffaload Logistics for £1.8m late last year, got into trouble after overextending itself, according to a report from administrator Leonard Curtis.The business, which traded from Crewe Distribution Centre Gateway spent £1.8m paid for through working capital on a new leasehold premises in 2013/14.However, uptake ...
-
MT Article
Widdowson Logistics stablemate Davis Haulage owed creditors £4.7m when it collapsed
Widdowson Logistics’ sister company Davis Haulage owed unsecured creditors £4.7m when it was placed into administration just before Christmas.A newly published joint administrators’ statement of proposals from Leonard Curtis also revealed that Buffload paid just over £1.8m for the business via a pre-packed sale on the 23 December.The sale included ...