All Operator news articles – Page 134
-
Article
Brexit bureaucracy could put further dent in profits, admits EM Rogers
Northampton-based EM Rogers (Transport) said its Dutch business was expected to have “an increasingly significant role” as it looked to an uncertain future post-Brexit.In its latest financial results for the year ending 31 January 2020, the haulage and truck sales firm said increased border controls would have a damaging effect ...
-
Article
Kerry Logistics posts healthy profit after expanding sales teams
Kerry Logistics (UK), the Manchester-based 3PL and freight forwarding company, boosted its profit by 28.8% in the year ending 31 December 2019 following investment in its sales teams.Turnover in the period rose £613,000 to £70.6m, although it also saw a reduction in volumes following a strategic decision to “focus on ...
-
Article
Wincanton offloads Pullman Fleet Services as half-year results endorse new growth strategy
Wincanton has sold off its UK commercial vehicle repair and maintenance company, Pullman Fleet Services (PFS) to asset management firm Aurelius as it focuses on its more profitable core markets.The sale of PFS follows its recent hiving off of its container business to Maritime for around £1.5m.In a statement, the ...
-
Article
Pall-Ex opens new Daventry hub on Fortec site as volumes soar
Pall-Ex has opened a 210,000sq ft hub on the same site as its newly acquired Fortec distribution facility, in order to accommodate rocketing freight volumes.It said the central hub at Watling Park near Daventry will prove “vital” for freight handling for onward distribution during peak periods, such as Black Friday ...
-
Article
Eddie Stobart defiant after plan to build Warrington distribution centre is rejected
Eddie Stobart said it would continue fighting to build a national distribution centre in Warrington after its latest application was refused by the Secretary of State.The company originally lodged proposals for the scheme in 2018, which involve the construction of a state-of-the-art warehouse facility opposite its base on the Stretton ...
-
Article
Felixstowe port "fully operational" but high container volumes may last into 2021
Felixstowe port has warned that the high container volumes it is currently dealing with could last into the new year, but that it remained “fully operational”.In a statement on its website, now removed, it said that “there is a significant amount of misinformation being circulated” about the port’s operational status ...
-
Article
Whistl UK profits down £4.7m but turnover climbs
Whistl UK reported a £4.7m pre-tax loss in 2019 as it battled to remain competitive in the parcels and Downstream Access (DSA) markets as start-up inefficiencies racked up at its Bedford ‘super hub’.However, group revenues rose by 12.6% to £635m for the year ending 31 December 2019 and it enjoyed ...
-
Article
Palletline signs recycling specialist
North East transport firm Gurteen Recycling has joined Palletline.Established in 2012, the Newcastle-based company began by taking over a collection round picking up recyclable materials from automotive outlets in the region, as well as in Scotland, and the business is now expanding nationwide.Read more Palletline takes on four warehouse ...
-
Article
Hoyer drivers call off strike action after Unite joins talks to end redundancy dispute
Hoyer Petrolog has resolved its dispute with delivery drivers at the Stanlow oil refinery, resulting in planned strike action being called off.The row, sparked by the company’s proposal to make six drivers redundant, led to the Unite union stating there would be 14 days of strikes throughout November.However, following a ...
-
Article
The Hireman expands fleet with new Isuzu order
Tool hire firm The Hireman has hammered out a new deal with Isuzu and expanded its fleet with six 3.5-tonne Grafter dropside rigids.MD Neil Graham said the switch to Isuzu came after the Grafter “captured our attention”, being Euro-6 compliant, compact and Ad Blue-free: “In this gvw category, the Grafter’s ...
-
Article
Lockwood trades strongly through Covid but profits under pressure
Lockwood Haulage reported a 3.7% increase in turnover last year, which it attributed to investments in its fleet and its warehouse capacity.Latest results for the Derbyshire transport company show that for the year ending 31 January 2020, it increased revenues to £20.7m (£20m), although its pre-tax profit fell by 40.1% ...
-
Article
Europa to run free webinar on preparing for the end of Brexit transition
Europa Road is to host a Brexit preparation webinar to help British businesses involved in import or export preapre for changes in customs processes in 2021.The free webinar will be held online at 1030am on 17 November 2020 and will be of use to any businesses importing or exporting to ...
-
Article
Miniclipper Logistics rebounds swiftly after profits slip
Miniclipper Logistics has reported pre-tax profits were down 22.4% at £796,176 for the year ending 31 May 2020 with turnover dipping by 3.9% to £14,699,129.However, MD Peter Masters said that although business for the Palletline member had been impacted by the initial lockdown, it has since "bounced back strongly"."Ultimately it ...
-
Article
Welsh haulier in recruitment drive as £1.1m fleet investment pays off
Powys-based haulier Speed Welshpool is on the hunt for new drivers after investing £1.1m in its fleet over the past year.Part of the Palletways network, Speed Welshpool has doubled its fleet of HGVs to a total of 22 along with 22 trailers and eight vans.The company said the investment is ...
-
Article
Ikea defends staff pay freeze amid "significant" slump in sales
Ikea said its decision not to give staff a pay rise this year reflected its focus on protecting key workers’ livelihoods, as it battles “one of the most challenging times” in the company’s history.It was responding to claims by the GMB union that 300 key workers at IKEA’s distribution centre ...
-
Article
Yodel shrugs off Christmas strike threat over "insulting" pay offer
Yodel said it was surprised that the GMB union was threatening strike action among drivers this Christmas in a row over pay and said it was confident the matter would be settled.The union said staff were now being balloted for industrial action over a pay offer it described as “insulting”.The ...
-
Article
Kuehne+Nagel road logistics unit returns to profit in Q3
Kuehne+Nagel said it experienced a “significant increase” in shipments within its road logistics division in the third quarter and demand for domestic transport in European countries reached pre-crisis levels.Latest results for the group showed net turnover was CHF 5bn (£4.3bn) during the period, a 4% reduction on the same quarter ...
-
Article
Yodel results mask "unprecedented growth" as pandemic drives turnaround
Yodel said it was on course to become profitable in the year ending June 2021 – a first in its 10-year history.Chief executive Mike Hancox said “unprecedented” growth in recent months had propelled the parcel firm into the black and he expected EBITDA to deliver “a strong positive result in ...
-
Article
Slam Transport orders 10 Volvo tractor units to handle Amazon parcel distribution
Coventry-based Slam Transport said Volvo had ticked all the boxes after ordering 10 FH with I-Save 4x2 tractor units.The deal marks the first time in more than six years the company has chosen Volvo for its fleet, which revolves largely around moving parcels between Amazon e-fulfilment centres.It said it chose ...
-
Article
Profits rise at Stan Robinson Group despite drop in turnover
Staffordshire haulier Stan Robinson Group has reported a year-on-year rise in pre-tax profit of 14.2% despite a slight drop in turnover.Pre-tax profit for the year to 31 May 2020 totalled £748,176, up from £655,2777 the previous year. Turnover was down 5.4% to £23,449,693.Profits have grown steadily at the firm since ...