Operator news – Page 37
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GXO UK boosts revenue in 2022 but profit falls as XPO spin-off continues to resonate
GXO UK Logistics saw pre-tax profit fall in 2022, despite ”strong organic growth”, thanks to costs associated with its spin-off from XPO Group in 2021.
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Aldi set to recruit 500 apprentices including trainee HGV drivers
Supermarket giant Aldi is looking to recruit over 500 new apprentices across the UK in 2024, including trainee HGV drivers and warehouse and logistics workers.
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ATL Haulage Contractors acquired by German shipping giant Hapag-Lloyd
German international shipping and container transportation giant Hapag-Lloyd is expanding into the UK logistics market with the acquisition of London Gateway-based logistics firm ATL Haulage Contractors (ATL).
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Strong results for Cumbria’s Armstrong
Wm Armstrong increased turnover and profit last year as its general haulage and palletised goods activities returned to normal levels amid a post-pandemic environment.
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Powerday targets London with new electric skiploaders
Recycling and waste management firm Powerday has put into operation a pair of Volvo FE Electric skiploaders, two of the first to hit London’s streets.
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Record year for Yodel with 191m parcels delivered
Yodel said 2023 was a record year for the business, with volumes up 3% to 191m parcels and revenues increasing by 3.4%.
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Wincanton to go private after striking acquisition deal with Ceva Logistics
Wincanton has reached an agreement for Ceva Logistics, a subsidiary of French shipping firm CMA CGM, to take it over in a £566.9m deal.
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Bullet targets new senior director
Bullet Express has promoted warehousing and logistics specialist Wesley Riggins to be its director of storage and logistics, joining its senior leadership team.
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Browns takes on trio of Mercedes-Benz trucks
Stoke-based Browns Distribution has invested in three new Mercedes-Benz Actros tractor units after a try out with a demo truck.
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Pre-pack sale saved parts of Bomfords’ operation
Bomfords Haulage’s goodwill and some of its assets were sold in a pre-pack deal to a subsidiary firm in the Bomfords Group, which helped rescue some of its business and staff, according to the administrator.
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Hazchem Network welcomes WT Transport into the fold
WT Transport in Northampton has become the third haulier to join The Hazchem Network in recent months.
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Loss-making contracts contributed to demise of Gwynedd Shipping, administrators reveal
A number of loss-making contracts contributed to the demise of Anglesey-based logistics and shipping firm Gwynedd Shipping, according to the company’s joint administrators.
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Wincanton set to deliver £50.5m profit despite HMRC contract loss and “challenging” market
Wincanton has continued to trade in line with market expectations during Q3 and is on track to deliver around £50.5m profit before tax for the financial year to 31 March 2024, despite losing a major HMRC contract and battling tough trading conditions.
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Owens Group sees profit halve in a year of “consolidation”
Owens (Road Services) Limited, which trades as Owens Group, saw pre-tax profit fall by more than half in the 12 months to 30 June 2023, in what the company described as a year of consolidation after “significant” growth.
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Gwynedd Shipping: Welsh logistics firm files for administration
Anglesey-based logistics and shipping company Gwynedd Shipping Limited has filed for administration this week, leaving scores of staff facing redundancy.
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EV Cargo drivers face redundancies as group reviews fleet assets
EV Cargo is looking at cutting up to 52 drivers jobs at its depots in Leeds and Runcorn, as part of a major cost-cutting review of the group’s fleet assets and operations across the company.
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Boughey acquires new warehouse in Newcastle-under-Lyme
Cheshire-based Boughey Distribution has taken occupancy of a newly-built 332,000sq ft ambient warehouse at Lymedale Business Park, Newcastle-under-Lyme, in a move which will create 250 jobs and increase the firm’s storage capacity to 187,000 pallet spaces.
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Former Knights of Old executive Carl White joins Pall-Ex as warehouse and logistics director
Pall-Ex Group has appointed former Knights of Old director Carl White as warehouse and logistics director of the pallet distribution network.
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EFS Global acquires trio of parcel companies
Burnley-based EFS Global is continuing to storm through the acquisition market, snapping up a trio of companies including YDL, Leeds Parcel Company and Pass the Parcel, adding £30m of turnover to its business.