All Operator news articles – Page 200
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MT ArticleCircle Express back in profit after move to fleet HP agreements
Cost-saving initiatives helped nudge Circle Express into the black last year, after it reported a pre-tax profit of £26,000.The express delivery company also saw turnover fall from £29.2m to £28.9m in the year ending 31 March 2019.However, it returned to profitability after reporting a pre-tax loss of £595,000 in 2018.In ...
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MT ArticlePalletforce sets sights on international expansion
Palletforce has launched five new direct services to Aegean and Baltic countries after experiencing “unprecedented growth” in international volumes.The routes to Greece, Turkey, Latvia, Lithuania and Croatia bring the number of international services operated by Palletforce to 30.It added that a further 10 countries could be added in the next ...
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MT ArticleWilko workers "furious" over plans to cut sick pay
Wilko is planning to reduce sick pay for its distribution and retail workers in a bid to tackle absence levels that were twice the industry standard.The home and garden retailer said high sickness absence levels were “a real concern” and it wanted to take steps to bring the company sick ...
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MT ArticleRail Minister opens Maritime's new strategic rail freight interchange at SEGRO Logistics Park, East Midlands Gateway
(Left to right) Sir John Peace, Midlands Engine; John Williams, Maritime; Rail Minister Chris Heaton-Harris and David Sleath, SEGRORail Minister Chris Heaton-Harris has officially opened Maritime's new strategic rail freight interchange at SEGRO Logistics Park, East Midlands Gateway.The MP was joined by representatives from Maritime Transport and SEGRO, and more ...
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MT ArticleDavid Hathaway Transport doubled profits before Kinaxia buyout
David Hathaway Transport increased profits by more than 52% before it was acquired by Kinaxia last year, recently published results show.The Bristol-based transport, storage and haulage contractor made a pre-tax profit of £688,000 in the year ending 31 May 2019, compared with £451,000 the year before.Turnover also rose by 11% ...
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MT ArticleMassey Wilcox blames wage costs on profits dip
Latest figures from Massey Wilcox show that it increased revenue by 8.3% but profits fell as it struggled to pass on running costs, particularly wages.For the year ending 31 May 2019, it reported a turnover of £12m, up from £11.1m the year before.Pre-tax profit reduced by 24% to £638,000, with ...
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MT ArticlePremier Logistics switches strategy after CVA
A back-to-basics approach has helped Premier Logistics to successfully trade through its 18-month Company Voluntary Arrangement (CVA), the company has revealed.The haulier said it is now ready to compete on a level footing after restructuring its finances in 2018 via a CVA in the face of a £5.7m shortfall to ...
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MT ArticlePrologic plans new lorry park near Felixstowe
Felixstowe-based logistics business Prologic has submitted plans for a new lorry park to be built near to the Suffolk container terminal, which it said would ease pressure on the A14 if Operation Stack was required.The plans are for 85 HGV parking spaces on land off the old A45 adjacent to ...
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MT ArticleFreshLinc expands FLX dry freight fleet with new SDC trailers
Temperature-controlled operator FreshLinc has added 30 new SDC Freespan curtainsided trailers to its general haulage division FLX Logistics.Based in Carrington, Manchester, FLX operates over 400 trucks and 1,000 trailers from six sites across the UK.The new EN12642XL curtainsiders are a bespoke design with BPW Eco-Plus axles, Haldex generation 3 braking ...
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MT ArticleSwain Group expands tipper capabilities with Eurobulk acquisition
Swain Group has announced the acquisition of Gravesend-based haulier Eurobulk.Swain, based in nearby Rochester, Kent, has acquired the entire shareholding of Eurobulk including its assets, vehicles and business.Eurobulk will continue to be run as a separate company, managed by its existing directors, while Swain confirmed it would 'provide capital to ...
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MT ArticleSmart motorway’s lack of hard shoulder contributed to fatal Eddie Stobart lorry crash
The lack of a hard shoulder on the M25 contributed to the death of two women who were killed when an Eddie Stobart lorry driver crashed his truck into a broken down car parked in the left hand lane, a court has heard.Chelmsford Crown Court heard that Sevim Uston, 49, ...
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MT ArticleBibby Distribution slashes accident rate by three quarters
Bibby Distribution has cut its accident rate by 75% since 2015 after a major safety drive.The company recorded its lowest-ever number of RIDDORs (Reporting of Injuries, Diseases and Dangerous Occurrence Regulations) and overall lost time accidents (LTAs) in 2019 following the launch of two major safety campaigns in 2015.The first, ...
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MT ArticleRivus wins five-year fleet management deal with Kier
Rivus Fleet Solutions has signed a five-year fleet management and maintenance deal with construction firm Kier which sees it take over the construction firm’s 7,000 vehicle fleet operation.The new partnership sees Rivus Fleet Solutions, previously BT Fleet, provide service, maintenance & repair (SMR) services, accident management, and vehicle procurement through ...
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MT ArticleKnights of Old halves losses and eyes quick return to profit
Knights of Old Group has insisted it is on course to return to operating profitability this year after its latest results showed a £1.2m pre-tax loss.It said new deals in the contract distribution sector and the acquisition of Steve Porter Transport in August 2019 will help the business return to ...
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MT ArticleKuehne + Nagel upbeat despite "unknown scope" of Coronavirus
Kuehne + Nagel continued to improve on its results in 2019 and said it was looking ahead with confidence, despite the “unknown scope” of the Coronavirus.The global 3PL increased net turnover in the 2019 business year by 1.5% to 21.1bn CHF, with gross profit up 3.5% to 8bn CHF (£6.4bn).Profits ...
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MT ArticleThe Pallet Network recruits Time Logistics
Time Logistics in Tamworth has become the latest haulier to sign up to The Pallet Network (TPN).The Midlands-based company has not belonged to a pallet network before, but it said it had worked with TPN members and was familiar with its systems and service levels.Time Logistics MD Jason Palmer said: ...
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MT ArticlePF Whitehead Transport Services increases profits
Croydon-based PF Whitehead Transport Services increased profits by 2.6% last year on revenues that remained broadly static.The storage, distribution and haulage contractor reported a pre-tax profit of £712,229 for the year ending 31 July 2019, up from £694,030 the year before.Turnover was £8.23m, compared with £8.28m in 2018.The 50-year-old business ...
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MT ArticleEric Vick Transport to close in April
Gloucestershire haulier Eric Vick Transport is to close in April after almost 70 years of business.The family-owned firm blamed a sluggish economy, new legislation and a weak UK manufacturing industry for the decision.It is understood that it would prefer to close the business rather than risk selling off assets to ...
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MT ArticleCoca-Cola Hellenic Bottling Company extends Wincanton partnership for Island of Ireland warehousing
Wincanton has renewed its Northern Ireland and Republic of Ireland (IOI) warehousing contract with Coca-Cola Hellenic Bottling Company (HBC).Building on a working relationship that stretches back to 2016, Wincanton will continue to provide warehousing services from its dedicated facility in Knockmore Hill, Lisburn, Northern Ireland, for a further two years.A ...
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MT ArticleCEVA Logistics agrees Airbus deal
CEVA Logistics has won a five-year contract with Airbus, managing spare parts and components at the aircraft manufacturer’s site in Hamburg.Starting this month, the contract involves consolidating the parts at the German site from locations across Europe, including France, Spain and the UK, as well as Germany.CEVA said it planned ...