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All Operator news articles – Page 166
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ArticleFormer Eddie Stobart Logistics boss Andrew Tinkler claims 'vast majority' of its shareholders back his takeover bid
Eddie Stobart’s former boss Andrew Tinkler (pictured) claims to have secured better-than-expected support from investors for a £70m rescue of Eddie Stobart Logistics (ESL), just days after announcing his intentions.TVFB, a company controlled by Tinkler, said its proposed fundraising had already received conditional indications in excess of the £70m target, ...
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ArticleGnewt by Menzies Distribution delivers ten millionth parcel emission-free
Electric delivery fleet Gnewt by Menzies Distribution has delivered its ten millionth parcel emission-free, saving what it estimates to be 2.3m kg of CO2 compared to standard diesel delivery vehicles.The firm, which pioneered parcel deliveries using electric vehicles (EVs) is also celebrating 10 years in business. During this time ...
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ArticleJames Dolan subsidiary Green and Skinner (Haulage) closes with loss of 43 jobs
Ipswich-based Green and Skinner (Haulage) has closed down, with the loss of 43 jobs.The company, which specialised in container transport and was acquired by the James Dolan Group in 2016, is expected to appoint FRP as joint liquidators in the next few days.The closure of the 60-year-old business follows the ...
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ArticleClose Brothers Vehicle Hire launches municipal rental offering
Close Brothers Vehicle Hire, part of Close Brothers Group, has launched a new municipal rental offering.The business will offer contract hire, flexi-lease and daily rental options on a comprehensive suite of municipal vehicles, including refuse trucks, sweepers, hook and skip lorries, gulley emptiers, gritters, tipper grabs, brick grabs and cage ...
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Royal Mail sees "strong growth" in parcels business as costs rise and letter volumes continue to fall
The cost of strike action and a faster than predicted fall in letter volumes could see Royal Mail make a loss next year, despite a "strong" half-year performance from its parcels business.Presenting Royal Mail’s half-yearly results to 29 September 2019, group chief executive Rico Back revealed a 5.1% increase in ...
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ArticleAndrew Tinkler announces firm bid for Eddie Stobart Logistics as Wincanton bows out
Former Eddie Stobart chief Andrew Tinkler has confirmed his intention to bid for Eddie Stobart Logistics (ESL) just hours after Wincanton withdrew from the fray and is warning that a rival bid from DBAY Advisors is not in the interests of ESL shareholders.The confirmation came today in a Stock Exchange ...
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Eddie Stobart Logistics questions Wincanton's motives for pulling out of bidding race
Eddie Stobart Logistics (ESL) has hit back at Wincanton's claims this week that it has withdrawn its interest in bidding for the company due to a lack of financial information, insisting it gave Wincanton “extensive due diligence commensurate with its status as a strategic competitor".Wincanton withdrew its interest in bidding ...
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ArticleMaritime's East Midlands Gateway on track for completion
Maritime has revealed it is making "rapid progress" on the construction of its rail terminal at Castle Donington, East Midlands Gateway (EMG), due to begin operating officially at the start of 2020.The 17-acre interchange, which will be capable of handling up to sixteen 775metre-long freight trains daily, has recently taken ...
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ArticlePalletforce launches new artificial intelligence technology Alliance Sense
Palletforce has announced the roll-out of new artificial intelligence (AI) technology across its entire distribution channel.Alliance Sense has the ability to predict delivery issues before they happen and is the first system of its kind to be used by a transport network, the company claimed.Building on its bespoke Alliance system, ...
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ArticleHexagon Leasing rides on the storm for new Mercedes-Benz vehicles
GRP building components supplier Stormking has taken three Mercedes-Benz vans from Hexagon Leasing after using the contract hire and leasing specialist to replace its HGV fleet over the last three years.The Tamworth-based supplier of products including fibre-glass dormer windows, dormer canopies and door canopies has added a Sprinter and two ...
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Europa Worldwide appoints head of property to oversee construction of £60m superhub
Europa Worldwide Group has taken on former Aldi Stores UK national building manager Alec Kirkbride to lead the construction of its new £60m superhub in Corby, Northamptonshire.Kirkbride has assumed the newly-created role of head of property at Europa, which will involve him overseeing commercial real estate, procurement, health and safety, ...
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ArticleJigsaw wins biggest ever deal with Refresco
Transport consortium Jigsaw has won its largest ever contract, with bottling giant Refresco.The deal involves the transport and distribution of 200m cases of soft drinks and beverages annually, from 10 UK sites direct to customers and for warehousing.Part of EV Cargo, Jigsaw companies including CM Downton and Sparks Transport will ...
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Eddie Stobart Logistics wins stay of execution on £200m loan
Troubled haulier Eddie Stobart Logistics (ESL) has won a six-month breathing space on repaying a £200m loan and more than a year's extension before it has to prove to its lenders it can service the debt.The rescue plan sees Allied Irish Bank, Bank of Ireland, BNP Paribas, and KBC waive ...
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ArticleWalker Logistics takes over supply chains for Luxie, New Flag and Grahams Natural UK
Walker Logistics has stepped in and added three cosmetic and skin care customers to its list after their third-party distributor entered administration.It is now managing the supply chains for Luxie, New Flag and therapeutic skin care range Grahams Natural UK.All three had previously outsourced their logistics processes to a haulage ...
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ArticleDate set for Eddie Stobart Logistics shareholders to consider DBAY Advisors bid
A general meeting of Eddie Stobart Logistics (ESL) shareholders is to take place on Friday, December 6 to consider DBAY Advisors' bid for the troubled haulier.The Isle of Man-based private equity company has offered ESL a £55m capital injection and will take a 51% stake in the company if shareholders ...
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ArticleClipper Logistics founder Steve Parkin teams up with Sun Capital Partners to prepare takeover bid
The founder of Leeds-based Clipper Logistics is reported to be lining up a £300m takeover bid to take the company private.Executive chairman Steve Parkin, who founded the company in 1992 and owns nearly a third of its shares, is understood to be preparing a bid with Florida-based Sun Capital Partners.He ...
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ArticleVolkswagen supply chain under threat after GB Terminals (Southern) staff balloted for strike action
The supply chain for Volkswagen cars, including models from Audi, Porsche and Skoda, coming off ferries in Kent could be disrupted after staff at logistics firm GB Terminals (Southern) were balloted for strike action.The Unite union said pay negotiations with Sheerness-based GB Terminals (Southern), part of the GBA Group, had ...
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ArticleMenzies Distribution to offer travel agents recycling bins and collect free of charge
Menzies Distribution has made moves to reduce waste in the travel industry by providing travel agents with recycling bins, which will then be collected free of charge.BP Travel Marketing, part of Menzies, will provide 150 travel agents across the south-east with the bins for brochure shrink-wrap and plastic brochure wrapping, ...
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ArticleRhenus slashes Swoon delivery failures under new two-man contract
Logistics provider Rhenus has cut furniture brand Swoon's delivery failure rate by half after taking on the delivery contract for the Southwark-based firm.The partnership sees Rhenus integrate Swoon's deliveries into its business in order to offer Swoon's clients quicker lead times. The furniture brand sells over a thousand designs ranging ...
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DHL Supply Chain in talks to take over Sunseeker International logistics operation
DHL Supply Chain is set to transfer 80 Sunseeker International logistics staff in a deal which will see it take over the luxury boat builder’s logistics operations.In a statement this week Sunseeker International said the negotiations had reached an “advanced” stage.Under the agreement DHL will provide logistics services, including the ...