Operator news – Page 267
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MT Article
Abbey Logistics Group adds former XPO finance director to its management team
Abbey Logistics Group has continued its recent hiring spree, with the appointment of former XPO man David Thomas as chief financial officer (CFO).Thomas was finance director for XPO’s UK supply chain business.He will sit on the Abbey group board and will oversee the finance, corporate development, risk and commercial legal ...
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MT ArticleWincanton chief executive does not see consolidation trend in UK road transport
The chief executive of Wincanton does not expect a wave of consolidation in the UK road transport sector, arguing that recent high-profile acquisitions have been standalone deals rather than part of a trend.Colman told Motortransport.co.uk he thought M&A activity – such as XPO’s purchase of Norbert Dentressengle last year – ...
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MT ArticleMaritime Transport orders thirty-five more Mercedes-Benz Actros trucks
Maritime Transport has ordered 35 Actros for its general fleet, having put 30 of the trucks on the road as part of a separate deal with Allport Cargo Services.Maritime revealed it had signed a contract with the international freight forwarder following a 12 month trial in July of this year.The ...
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MT Article
Surrey Pallitz moves to larger premises nearer Gatwick
Logistics firm Surrey Pallitz is gunning for growth after moving to larger premises that are closer to Gatwick airport and its customer base. The Pall-Ex member has re-located from Hackbridge, Surrey to a secure 62-acre site on Hobbs Industrial Estate in Lingfield.The company said will benefit future growth by being ...
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MT Article
Hicks Logistics leaving Fortec in favour of The Pallet Network
South Wales haulier Hicks Logistics is leaving Fortec to join The Pallet Network (TPN), and has begun running for the latter while it works its notice.Under the deal the firm has taken over the north Bristol, Avonmouth and South Gloucestershire areas from former TPN member David Hathaway Transport. David Hathaway ...
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MT ArticleHoward Tenens reaps benefit of fuel saving tyres
Eco haulier Howard Tenens, which has pioneered a range of low carbon technologies including gas powered trucks, has completed a trial with Bridgestone proving the financial and environmental benefits of low rolling resistance tyres.The privately owned logistics company tested Bridgestone’s Ecopia HS1 (steer) and HD1 (drive) products against its conventional ...
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MT ArticleJohn G Russell profit up after focusing on core distribution service
Scottish multimodal operator John G Russell boosted pre-tax profit by 8% last year despite suffering from floods, sluggish rates and disruption on cross-channel routes.The company posted a pre-tax profit of £2.91m in the year to 31 March 2016, up from £2.69m in the same period the previous year. Turnover fell ...
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MT ArticlePalletline sees increase in operators wishing to defect from other networks
The number of operators wishing to defect to Palletline from rival networks has risen markedly in the past 12 months, Palletline's MD Graham Leitch has claimed.Commenting on the addition of former Palletforce member S&J European Haulage (pictured left) and former TPN member ICT Express (right) to Palletline’s network, Leitch said: ...
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MT Article
Arcese UK slips into the red
Tilbury, Essex-based logistics and freight forwarding firm Arcese UK has slumped into the red, but has vowed to increase both turnover and profit this year.It reported a pre-tax loss of £872,725 in the year to 31 December 2015 compared with a pre-tax profit of £36,928 for the same period in ...
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MT Article
Rising fruit and vegetable volumes helps Turners (Soham) turnover and profit grow
Turners (Soham) saw pre-tax profit and turnover increase last year due to rising fruit and vegetable volumes.Pre-tax profit rose 11% to £24.8m in the period between 4 January 2015 and 2 January 2016, up from £22.3m the previous year.Turnover increased to £247m from £238m, with the biggest contribution coming from ...
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MT Article
Sainsbury's to open national frozen food DC
Sainsbury’s is to replace its Elstree DC in Borehamwood with a national frozen food DC in Northampton. The 325,000ft² replacement facility will be built next to Sainsbury’s existing 625,000ft² DC in Prologis Park Pineham. Construction work is expected to begin in the spring and be completed by early 2018.A Sainsbury's ...
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MT ArticleGiving a lift to driver recruitment
Mobile Mini is a fast-growing provider of temporary site accommodation and secure storage containers across the UK. Founded in the USA in 1983, it set up in the UK in 2005 in Stockton on Tees and now has 16 depots with more than 36,000 portable units.Mobile Mini currently runs around ...
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MT Article
Pall-Ex revives plans for European expansion
Pall-Ex has reignited its European expansion push and will have almost doubled its existing network on the continent by early next year.With Italy and Iberia up and running, the pallet network outlined ambitious plans to Motortransport.co.uk in summer 2011 to have 15 master franchisee agreements in place across the continent ...
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MT Article
Boss of Europa Worldwide sees bright Brexit future
Even if customs clearance is reinstated following Brexit, leaving the EU remains the best thing for the UK, according to Europa Worldwide Group MD Andrew Baxter. Dartford-based Europa has a 45/55% split in its European/UK freight volume and plans to increase exports to the continent.“It would be much better if ...
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MT ArticleWH Bowker buys warehousing and transport operations at five Potter Logistics' sites
WH Bowker has bought the warehousing and transport operations at five sites belonging to Potter Logistics for an undisclosed sum.The operations are located at Droitwich, Knowsley, Ripon (the first three all top-tier COMAH accredited facilities), Selby and York.WH Bowker, which has locations in Preston and Hull, said the acquisition make ...
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MT Article
Norbert Dentressangle trading strong before XPO Logistics transition
The transition from Norbert Dentressangle to XPO Logistics in 2015 saw the 3PL make strong turnover gains across its three primarily road transport based activities in the UK.XPO acquired ND on 8 June 2015, and renamed its legal entities on 1 December 2015 – according to its most recent filings ...
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MT Article
DX Group's Legal Post (Scotland) deal given the green light
DX Group’s multi-million pound takeover of Legal Post (Scotland) and First Post has been given the green light, after the UK competition authority closed its investigation into the deal.The Competition and Markets Authority (CMA) announced in July that it was reviewing DX’s £3.25m acquisition, which will increase the operator’s presence ...
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MT Article
Great Bear delivered roaringly good performance ahead of purchase by Culina Group
Great Bear Distribution delivered a stellar performance in the final financial year before Culina Group bought it in March.For the year to 31 December 2015, the Chester-based distribution and storage company reported an 8.2% turnover rise to £152.5m (2014: £141m) with pre-tax profit up 9.9% to £11.1m (2014: £10.1m) in ...
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MT ArticleJohn Mitchell (Grangemouth) sees profit growth thanks to cost-controls
CM 16.07.15 Vehicle operator John MitchellJohn Mitchell (Grangemouth) has reported a significant rise in profit after cost-control measures and a focus on its warehousing arm.For the year ending 31 March, the haulage and warehousing business recorded a turnover largely static compared with last year, at £13.2m.However, pre-tax profit increased almost ...
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MT Article
Currie European focuses on boosting margins after turnover fall
Currie European’s MD said it had been focusing on customer and route profitability during 2016, in order to mitigate limited success in increasing its rates.Stephen Turner said “good improvements” had been made but that a lot of work remained on boosting margins.He was commenting following the publication of its latest ...