Operator news – Page 271
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MT Article
Operators warned to review holiday pay after Eddie Stobart pay-out
Operators have been urged to ensure they are calculating holiday pay correctly. The warning comes after Eddie Stobart agreed to pay £364,000 to more than 430 drivers who had not received the rate they were entitled to.Union Unite claimed the haulier had not taken into account allowances and overtime that ...
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MT Article
New contracts continue to drive growth at Clipper Logistics
Clipper Logistics saw its pre-tax profit and turnover continue to climb in its second year as a listed company as it began a series of new contracts.For the year ended 30 April 2016, group turnover grew 23.6% from £234.8m in 2015 to £290.3m.Within that, turnover generated by its e-fulfilment and ...
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MT ArticleSamworth Brothers Supply Chain driver named (44-tonne) FTA Truck Driver of the Year
Samworth Brothers Supply Chain driver Matthew Pickering has been named the FTA’s Truck Driver of the Year 44-tonne 2016, following a hard-fought contest.He beat 19 other finalists at Mercedes-Benz Wentworth Park, Barnsley, in a range of tests including driving skills, manoeuvring ability, risk awareness and legislative knowledge, to lift the ...
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MT Article
Royal Mail managers accept increased pay offer
Royal Mail managers have voted to accept an increased pay offer, resolving a conflict that saw 4,800 of the carrier’s employees take industrial action earlier this year. The long-running pay dispute began when around 4,800 managers at the company refused a proposed pay increase of 1.3% for the year beginning ...
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MT Article
Arla Foods closes Hatfield Peverel site as Bidvest Logistics takes on transport duties
Arla Foods said it had now closed down its Hatfield Peverel site after 32 drivers transferred to Bidvest Logistics.An Arla spokeswoman said: “Following an extensive consultation process, Arla Hatfield Peverel has closed this month and we would like to thank everyone at the site for their continued professionalism and commitment ...
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MT Article
Sainsbury's to create 900 jobs with new London fulfilment centre
Sainsbury’s will open a new fulfilment centre in London this autumn to cope with growing online shopping demand. The 185,000ft² facility in Bromley-By-Bow should create 900 new jobs, with recruitment already underway for the first 470 of these. The supermarket said it hopes to have recruited the remaining 430 by ...
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MT Article
Auditor picks at Birds Groupage Services' figures
Birds Groupage Services' auditor has raised concerns over the future of the loss-making company.Auditor RSM Northern Ireland's concerns were raised in the operator's latest abbreviated annual results to 30 September 2015.Despite parent company Ballyvesey Holdings' waiver of a £4m intercompany loan in the period, the haulier made a loss of ...
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MT Article
DHL staff offered redeployment as BHS contract terminates
DHL Supply Chain’s long-standing distribution contract with BHS will end on 6 August, the operator has confirmed, after the collapse of the high street retailer. The operation, based at DHL’s Atherstone site, employed more than 300 DHL staff members and had been in effect for more than 20 years.In a ...
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MT ArticleMoney for HGV driver training would stimulate the economy, says Clugston boss
The government should stimulate the economy by creating a quantitative easing programme for people rather than banks, according to Clugston Group CEO Stephen Martin.Speaking to Motortansport.co.uk this week about the annual results for Clugston’s logistics arm, Clugston Distribution Services, Martin expressed frustration at the lack of government financial support for ...
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MT Article
Hellmann Worldwide Logistics's future secured
Hellmann Worldwide Logistics appears to be out of the woods after its German parent company completed its delayed refinancing exercise.The parent company has been in protracted negotiations with 11 funding partners to refinance a €159m (£125m) loan, which makes up 40% of the group’s total loans, for more than a ...
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MT Article
AM Widdowson & Son remains on the road after pre-pack administration
A pre-packaged sale of Leicester transport firm AM Widdowson and Son was the culmination of a torrid two years that included the loss of contracts, under-estimated fuel costs and management systems that were not fit for purpose.The company entered into administration on 6 July (CM 21 July) after falling into ...
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MT Article
Howard Tenens sees profit grow in light of UK warehousing shortage
A shortage of warehousing space in the UK boosted Howard Tenens’ turnover and pre-tax profit in its last economic year, due to the operator’s significant property holdings and an increase in demand. For the year ended 30 September 2015, Howard Tenens saw its pre-tax profit rise 52% to £5.1m (2014: ...
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MT Article
Wincanton reassures employees and investors in wake of Brexit vote
Wincanton has said it is ready to tackle any changes in legislation or the economic climate Brexit might have on the industry.Speaking at the company’s AGM in London today, Wincanton chairman Steve Marshall said the board would be closely monitoring the situation “as the political and economical consequences become clearer”.However, ...
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MT Article
HW Coates sees turnaround plan start to deliver
A turnaround plan at HW Coates has borne fruit with both turnover and profit up at the chemicals logistics specialist.The profit rise, which was boosted in part by the introduction of new accounting standards under FRS102, was revealed in the company’s latest annual results posted in Companies House.Leicester-based HW Coates ...
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MT Article
John Hackling (Transport) sees profit almost halve
John Hackling (Transport) saw pre-tax profit fall 45% last year, according to its latest annual results.The results for the year to 30 September 2015 posted at Companies House, show that despite a rise in turnover to £13.8m (2014: £13.1m), pre-tax profits fell to £737,054 (2014: £1.03m).John Hackling, which specialises in ...
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MT Article
Guardian investigation into courier pay is "disingenuous", says Hermes
Hermes has disputed claims that it pays its couriers less than the minimum wage, after an investigation by The Guardian suggested some of the carrier’s self-employed workers earn as little as £5.50 an hour. The article cites numerous Hermes couriers who earn between £5.50 and £7.30 per hour, although this ...
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MT Article
BCA Marketplace buys Paragon Automotive for £105m
BCA Marketplace has hit the acquisition trail once more, snapping up automotive services group Paragon Automotive for £105m.The move brings BCA one step closer to its goal to become the UK’s leading one-stop shop for automotive services for OEMs, dealers and leasing companies.The acquisition of Paragon comes just one year ...
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MT Article
NFT Distribution buys NR Evans for £20m
NFT Distribution has acquired Carmarthenshire-based NR Evans in a deal that values the temperature controlled specialist at approximately £20m.It is the third acquisition in the UK by NFT owner EmergeVest.The Hong-Kong private equity investor bought NFT in April 2014 and Palletforce in August 2015 and MD Heath Zarin said it ...
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MT ArticleLloyd Fraser says trading conditions are volatile despite strong performance
Lloyd Fraser has warned that current trading conditions are challenging, but added it was too early to say what impact Brexit might have on its future performance.Reporting its annual results for the year to 31 August 2015 at Companies House, the Rugby-based firm revealed a 31% rise in pre-tax profits ...
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MT Article
Administrator revises up the amount City Link creditors are due
City Link’s administrator has revised up the amount it believes non-preferential creditors are owed by the collapsed parcel carrier.However, it said it is still waiting to hear from creditors that are owed a total of £12.8m that have not submitted a claim.As of 24 June non-preferential creditors had made claims ...