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All Operator news articles – Page 194
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Article
Sainsbury's chief vows Asda merger will not lead to DC closures
No distribution centres will be closed if the proposed merger between Sainsbury’s and Asda gets the green light, Sainsbury’s chief executive Mike Coupe has pledged.However there could be cuts to suppliers currently working with both supermarkets, and a reduction in supplier deliveries, according to information supplied by both supermarkets to ...
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ArticleCanute Haulage Group creditors to take multi-million pound hit following business's pre-pack sale
Canute Haulage Group creditors stand to lose millions of pounds following the sale of the business earlier this month via a pre-pack administration.A report by administrator FRP Advisory states that as of 18 May unsecured creditors face a deficit of £7m.The administrator estimated that creditors could ultimately see a return ...
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Article
M&S distribution network revamp cost retailer £13.1m
Marks & Spencer was stung with a £13.1m net charge last year in its UK logistics operation as it pushed ahead with the restructure of its Clothing & Home distribution network to a single-tier format.In its full-year results for the year ended 31 March, distribution woes and supply chain restructuring ...
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ArticleTesco Direct's Fenny Lock distribution centre under threat
Tesco has proposed to cease operations at its Fenny Lock distribution centre following its announcement today that it was terminating its Tesco Direct non-food website.The DC, located near Milton Keynes, handles online orders from Tesco Direct.Tesco has confirmed that around 500 employees are at risk of redundancy.The supermarket said the ...
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Article
Creditors were chasing Canute Haulage for more than £200,000 in unpaid debts ahead of sale
Canute Haulage Group had been served with at least 23 County Court Judgments and owed creditors close to £212,000 in the days leading up to its pre-pack administration earlier this month.MT has been contacted by multiple creditors of the business, including recruiters and sub-contractors, which have been left out of ...
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ArticleBay Freight becomes the latest haulier to join the Hazchem Network
Kinaxia Logistics-owned Bay Freight has joined the Hazchem network.The Stalybridge-based company, set up in 1960, is covering the M, OL and SK postcodes for Hazchem. It began inputting on 21 May.Danny Bailey, MD at Bay Freight, said: “Joining the Hazchem network is a great development for Bay Freight as we ...
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ArticleDeben Transport creditors unlikely to see any money unless truck cartel claim succeeds
Unsecured creditors of failed Deben Transport will not see a payout unless a claim relating to the truck cartel case proves successful, the firm's administrators have said.The Felixstowe-based haulier employed more than 200 staff and had offices in Hull, Southampton, Tilbury, Alconbury, Birmingham, Manchester, Leeds, South Shields and Doncaster. It ...
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Article
Royal Mail growth fails to allay analysts' questions over business's long-term prospects
Analysts have reacted cautiously to Royal Mail's year end results, which saw the group's turnover grow 2% year-on-year but annual profit fall by more than a third (37%). Brokerage Jefferies said the group was underperforming and estimated operating expenses would remain stable at best despite a cost drive.It added that ...
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Article
Royal Mail crosses £10bn turnover mark but sees 37% pre-tax profit drop
Royal Mail offset declining letter volume with its growing parcels operation in a year that saw it surpass the £10bn turnover mark for the first time, but saw pre-tax profit fall by more than a third (37%).For the year ended 25 March the group saw its turnover rise 2% to ...
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ArticleReason Transport joins Palletline and relocates to network's new Coventry hub
Former Palletways member Reason Transport has joined Palletline as part of a deal that sees the firm relocate its depot to the network’s new Coventry hub.The firm will also service Amazon’s Daventry fulfillment centre from the hub.Palletline attributed Reason Transport’s move to the network’s shareholder business model, which it said ...
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Article
UPS opens £120m DP London Gateway site as part of Europe-wide growth plans
UPS has opened a new sorting and delivery site at DP London Gateway.The £120m site will create around 500 new jobs, and is thought to be one of the parcel carrier's largest infrastructure projects outside of the US.The sortation facility contains more than four miles of conveyer belts and has ...
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ArticleAIM Logistics to open new Evesham DC in August
AIM Logistics is to open a new distribution centre (DC) in Evesham in August.The new DC will include a two-storey office block; a 20,000ft² cold store with 10 loading bays; a two bay workshop with pit for in-house fleet maintenance; driver facilities and a truck wash.AIM director Ismail Elmagdoub said: ...
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Article
Canute Group business saved after pre-pack administration sale to Almtone
Struggling Canute Group has completed a pre-pack sale, in a move that saves 800 jobs at the business but will likely leave some creditors of the firm out of pocket.The company has been sold to Almtone, a holding company registered in September 2017, for an undisclosed sum. Almtone shares a ...
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Article
Yusen Logistics UK names new MD after Kevin Appleton steps aside
Yusen Logistics UK MD Kevin Appleton has stepped aside after four years in the role, making room for his deputy Andy Fitt to fill his shoes. Appleton will remain with the business as its chairman, in a newly created and less time consuming role in which he will focus on ...
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Article
Wincanton to install MiX Telematics in 1,800 vehicles after six-month trial
Wincanton is to install MiX telematics in 1,800 of its vehicles as part of an ongoing safety programme. The operator has signed a three-year contract with MiX off the back of its WinSafe programme, headed up by Wincanton's group fleet director Carl Hanson.The contract was signed after a six-month trial ...
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Article
Britvic returning to Eddie Stobart just over a year after Wincanton switch
Soft drinks manufacturer Britvic is switching its entire UK transport requirement back to Eddie Stobart, just over a year after signing up Wincanton to deliver as part of a five-year deal, MT can reveal.News last year that Wincanton had been appointed from 1 April marked the apparent end of Britvic’s ...
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ArticleKnights of Old back on track after battling through challenging year
Knights of Old has come out fighting after landing a major new contract and vowing to overcome a difficult period that saw it record a “substantial” operating loss of £2.7m.The Kettering-based group’s latest accounts for the year to 31 May 2017 reveal a bruising period in which it restructured its ...
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Article
DPD pledges to pay real living wage to drivers as it details new Driver Code
DPD has promised to pay all its drivers the real living wage, after concluding its employment review and releasing more detail about its Driver Code.The real living wage is currently set at £8.75 across the UK and £10.20 in London for those 18 and older. This compares with the National ...
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Article
DX Group secures nearly £5m for its turnaround plan
Embattled DX Group's turnaround plans have been backed by investors, who have approved the issuing of new shares amounting to £4.76m of fundraising for the firm.The fundraising, which remains subject to shareholder approval, would fund the transformation and growth plans from the group's new leadership team.DX said that if approved, ...
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Article
DHL Supply Chain brings Palletways on board to help it deliver KFC contract
DHL Supply Chain has signed up pallet network Palletways to handle the non-chilled requirement of its troubled KFC contract, MT can exclusively reveal.The 3PL made international headlines in February when its KFC supply chain and distribution deal suffered a failure to launch, leading to hundreds of store closures and ultimately ...