Operator news – Page 269
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MT Article
Strike action at Menzies Distribution put on hold
Imminent strike action at Menzies Distribution has been suspended after the company made an improved pay offer, Unite said today.Members of the union were to hold two 24-hour strikes on the 23 and 26 September over what it has described as a “pitiful” pay offer.According to the union the dispute ...
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MT Article
DX Group experiences second-half comeback in tough trading year
DX Group delivered an improved performance in the second half of its trading year, but this wasn't enough to offset the damage done earlier on, the operator said today.In the company’s preliminary results for the year ended 30 June 2016, DX Group CEO Petar Cvetkovic described a “challenging year”, which ...
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MT ArticleDawsongroup CEO Mike Williams steps down; Steve Miller replaces him
Dawsongroup CEO Mike Williams is leaving the company due to ill health.Williams, who joined the truck, trailer rental business 40 years ago, will be replaced by group MD Steve Miller (pictured). Miller will assume the CEO role.Group chairman, Peter Dawson, paid tribute to Williams’ “energy, commitment and commercial ability,” and ...
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MT Article
Menzies Distribution stands firm in the face of strike action
Menzies Distribution has put “robust” contingencies in place to ensure service continuity, after the Unite union said its members would strike next week over a pay dispute.Members of Unite will hold two 24-hour strikes on the 23 and 26 September over what the union describes as a “pitiful” pay offer.According ...
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MT ArticleBiffa seeks £270m stock market listing
Waste collection company Biffa is planning a return to the London Stock Exchange next month.The company has published details of an October listing, which would value the company at around £270m.It is looking to raise the additional funds to grow organically but also act as a consolidator in the fragmented ...
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MT Article
DX Group's Scottish takeover back on track
DX Group’s multi-million pound takeover of Legal Post (Scotland) and First Post appears to be back on track, after the UK competition authority lifted an enforcement order pausing the deal.In a statement today, DX Group said the UK Competition and Markets Authority (CMA) had lifted its initial enforcement order.Enforcement orders ...
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MT Article
Losses widen at Bibby Supply Chain Services
A sting in the tail from the disposal of System Group, coupled with client departures, contract delays and restructuring at its distribution business, saw losses widen at Bibby Supply Chain Services last year.For the year ended 31 December 2015, Bibby Supply Chain Services made a pre-tax loss of £6.2m compared ...
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MT Article
Brexit is an opportunity for us, says Hellmann Worldwide Logistics
The UK arm of German transport giant Hellmann Worldwide Logistics is poised to take advantage of the opportunities Brexit will bring.Reporting its annual results to the year ended 31 December 2015, the company said its “significant experience in importing and exporting from outside the EU” would stand it in good ...
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MT Article
Abbey Logistics hires former Suttons Group MD
Abbey Logistics has hired the former MD of Suttons Group ahead of the start of its major new contract with British Sugar.Andrew Palmer was MD of Suttons Group for eight years, before retiring in early 2013. He joins Abbey Logistics as a non-executive director.Abbey Logistics MD Steve Granite said: “Andrew ...
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MT Article
Hermes facing potential HMRC review into its courier employment model
The chief executive of Hermes UK has admitted the company had not been as compassionate as it expected itself to be with its self-employed couriers, as a government minister called on HMRC to investigate the carrier’s zero-hours contracts. An investigation by the Guardian in July accused Hermes of paying its ...
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MT Article
Nolan Transport buys John Raymond Transport to strengthen its UK operation
Irish operator Nolan Transport has bought John Raymond Transport, with a view to growing its UK operation.Welsh firm John Raymond Transport, which has sites in Bridgend, Cannock and Swindon and was established in 1953, is a gold Fors member and runs 135 vehicles and 350 trailers.The Harlequin Logistics network founder-member ...
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MT ArticleElddis Transport reports "solid performance" despite tough trading conditions
North East haulage firm Elddis Transport reported “a solid performance” in its latest financial results, despite tough trading conditions.Turnover was £26.1m with a £552,647 pre-tax profit for the year ending 31 December 2015.This was lower than 2014’s £26.9m and £612,735, but MD Nigel Cook said its fuel ratchet rebate scheme ...
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MT Article
AM Widdowson creditors left close to £13m out of pocket after pre-pack
AM Widdowson’s unsecured creditors have been left almost £13m out of pocket after the pre-pack sale of the haulier in July.The newly published creditor’s report from administrator Leonard Curtis after the haulier's £2.5m sale in July set out the monies owed and warned that it is unlikely unsecured creditors will ...
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MT Article
M&S logistics team faces cuts and relocation to Hemel Hempstead in major restructuring
Marks & Spencer’s logistics division is set to be restructured in a move that will see “a handful” of its 175 London-based logistics staff made redundant. The rest are set to be transferred to Marks and Spencer’s Hemel Hempstead distribution hub.The move is part of cost-cutting proposals, which aim to ...
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MT ArticleFerguson Transport buys Barclay Bros
Scottish haulier Ferguson Transport (Spean Bridge) has continued its acquisition drive with the purchase of Fife-based haulier Barclay Bros for an undisclosed sum.The family run general haulage firm, which has a fleet of 20 vehicles and 30 trailers, will merge with the Ferguson Transport group of companies and trade under ...
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MT Article
Turners (Soham) buys Goldstar Transport
Turners (Soham) has continued its drive into the container sector with the acquisition of Goldstar Transport, creating a group with a combined turnover of more than £350m.Turners (Soham) MD Paul Day said the move was part of the company’s goal to expand its presence in the container logistics market and ...
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MT ArticleNissin's vehicle century from Dawsonrentals
Nissin (UK) has taken delivery of more than 100 vehicles from Dawsonrentals after a contract win with Honda’s Swindon assembly plant.The fleet of 43 6x2 Mercedes-Benz Actros tractors and 71 Lawrence David trailers will work on the 24/7 Honda operation, which involves collection of components from Wales, the Midlands ...
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MT Article
John Menzies could split business in two
Moves are underway to split print media and parcel logistics firm Menzies Distribution from its sister air cargo and baggage handling business Menzies Aviation.Parent company John Menzies has appointed chairman Dermot Smurfit, who said that he will review the structure of the group in order to "maximise shareholder value"."This will ...
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MT ArticleDHL Express to move to new UK headquarters
DHL Express is set to relocate its headquarters to new premises in Poyle, near Colnbrook in Berkshire, in a move which will allow the company to increase its parcel handling capacity from 6,000 items per hour to 28,000.The £32m project is part of a major £156m investment by DHL, which ...
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MT ArticleEddie Stobart takes 240 SDC Trailers in £6.8m deal
SDC Trailers has inked a major deal with Eddie Stobart for 240 new trailers.The £6.8m order is SDC Trailers’ first major contract win since its acquisition by CIMC Vehicles, the China-based global trailer manufacturer in June this year.The company will deliver 50 gooseneck skeletal trailers and 25 extendable skeletal trailers ...