All Operator news articles – Page 202
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MT ArticleMajor assets of Ian Aldridge Transport "removed by a director" prior to administration
The administrator handling the affairs of failed Cornish haulier Ian Aldridge Transport has revealed that a director removed assets from the business before it was appointed, potentially breaching insolvency laws.BDO joint administrators Simon Girling and Christopher Marsden were appointed to the firm on 24 July 2019, following “poor trading conditions ...
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MT ArticleAbbey Logistics Group signs distribution deal with INEOS Olefins & Polymers UK
Abbey Logistics Group has added to its polymer transport business by winning a distribution contract with INEOS Olefins & Polymers UK.The agreement will see the bulk road tanker company take responsibility for transport planning and delivery services of polymer products for INEOS from its Grangemouth site in Scotland.The company said ...
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MT ArticleFergusons Transport increases profits and turnover
Fergytrux, the Cramlington-based holding company of Fergusons Transport, increased turnover by 2.2% last year, thanks to performance improvements and Brexit stockpiling.Accounts for the year ending 30 September 2019 showed that the haulage and warehousing business also boosted its pre-tax profits to £205,000, from £89,000 the previous year.Turnover rose to £22.2m, ...
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MT ArticleMansel Davies and Son fined £380,000 for false maintenance records
Pembrokeshire haulier Mansel Davies and Son has been hit with a record £380,000 fine with £120,000 costs for forging lorry maintenance records.The company, based in Llanfrynach, received the fine, the heaviest ever secured by the DVSA, at Swansea Crown Court today (Tuesday 11 February) after pleading guilty to 19 offences ...
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MT ArticleC Butt Logistics delivers threefold increase in profits
C Butt Logistics has remained in profit for the second year running after turning its back on the retail logistics sector.Its latest annual results for the year to 27 April 2019 show that the Northampton–based haulier almost tripled pre-tax profit in the period to £81,701, up from £27,651 in 2018 ...
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MT ArticleAndover fire drives up Ocado losses
Online grocer Ocado is continuing to suffer from the fire which destroyed its Andover depot last year, reporting a pre-tax loss of £214.5m for 2019.The retailer’s latest annual results to 1 December 2019 reveal losses that are almost five times higher than the £44m loss the company made in the ...
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MT ArticleDelsol diversifies during year of growth
North Wales-based logistics company Delivery Solutions (Delsol) has reported a year of sustained growth.The company added 30 staff to its now 170-strong workforce during 2019 - its 20th anniversary - which coincided with a 20% increase in revenues.The company, which has depots in Sandycroft and Caernarfon, also completed the roll-out ...
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MT ArticleSuttons Tankers open to more acquisitions as it drives for growth
Widnes-based Suttons Tankers is on the look-out for further acquisitions as it gears up its growth plans, according to MD Michael Cundy.Speaking to motortransport.co.uk, Cundy said Suttons Tankers’ most recent acquisition of DHL Supply Chain’s bulk chemical business, which it bought for £3.8m in April last year, will play a ...
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MT Article
CEVA Logistics trials London electric truck and signs up to Tevva 'electrify' initiative
CEVA Logistics is using its Urban Distribution Hub at Dartford, Kent to undertake an electric vehicle trial for lorries delivering into central London.It has also become the first partner in Tevva’s 'electrify' initiative, which aims to support companies to research electric vehicle technology for the supply chain.Using real-world operational data, ...
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MT ArticleThe Pallet Network sees 'elite' membership grow 300% in a year
The Pallet Network (TPN) saw the number of member companies achieving elite performance levels grow by 300% during 2019.The number of members achieving KPI scores over 99% rose from eight to 24 in 2019, more than a fifth of TPN’s total membership.“To achieve 99% KPIs across the board for a ...
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MT ArticleNexus launches online rental platform for electric commercial vehicles
Nexus Vehicle Rental has launched a new dedicated electric vehicle (EV) online rental platform as part of its revamped IRIS V5 rental management system.The upgrade is for business use and is aimed at all commercial vehicles, including HGVs.The move comes after news last week that the ban on petrol and ...
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MT ArticleFormer AM Widdowson owners HLD Group linked to acquisition of Clugston Distribution Services
The new owner of Clugston Distribution Services is linked to Malta-based HLD Group which bought AM Widdowson and Sons in 2015 and Crewe-based Davis Haulage in 2016.Clugston Distribution Services (CDS) was sold to holding company AJWG last week, following the collapse of parent company Clugston Group.AJWG managing director Demis Armen ...
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MT ArticleEV Cargo Logistics buys NFT assets in pre-pack sale
Creditors of NFT Distribution Operations have contacted Motor Transport, criticising the way its business and assets were sold and unhappy that it could take months before unpaid invoices are settled.PricewaterhouseCoopers (PwC) has confirmed that it was appointed administrator of the company, which is headquartered in Alfreton, Derbyshire and had a ...
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MT ArticleProfits dip at Fagan & Whalley
Fagan & Whalley pocketed a £521,000 profit last year, but it was a significant reduction compared to the previous year’s £1.3m.According to its latest set of results, for the year ending 30 April 2019, the transport and warehousing company increased turnover by 1.2% to £26.3m.But pre-tax profits fell by more ...
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MT ArticleBoughey Distribution reports increased profits and revenues
Boughey Distribution bounced back into the black last year, converting a £754,000 pre-tax loss into a profit of £310,000.The Cheshire-based company, which recently announced it was opening a new 237,734 sq ft warehouse at Crewe Commercial Park, also increased revenues by 18% in the year ending 31 May 2019, to ...
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MT ArticlePremier Logistics (UK) made £2m loss after CVA
Premier Logistics (UK) made a £2m loss in the months following its company voluntary agreement (CVA), according to its most recent financial results.The struggling haulier restructured its finances in 2018 via a CVA in the face of a £5.7m shortfall to its creditors.Under the terms of the agreement, Premier Logistics ...
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MT ArticleXPO Logistics wins Waitrose & Partners contract for multi-service regional and national distribution
XPO Logistics has been selected by Waitrose & Partners to operate two key UK distribution hubs on Waitrose’s Milton Keynes campus.XPO will operate the Magna Park Waitrose & Partners national distribution centre and Brinklow regional distribution centre for the food retail division of John Lewis Partnership.XPO will be responsible for ...
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MT ArticleQ4 throughput up 38% at Walker Logistics
Supply chain and fulfillment solutions specialist, Walker Logistics, experienced a 38% year-on-year increase in the number of orders picked, packed and dispatched at its 250,000 sq ft logistics hub in Berkshire during the fourth quarter of 2019.Sales director William Walker said the upturn is a result of the company's growing ...
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MT ArticlePro Freight Solutions sale followed collapse of major customer
A pre-packaged sale of Staffordshire haulier Pro Freight Solutions took place following the high-profile collapse into administration of its customer, The Book People.In a report to creditors, FRP Advisory said Pro Freight Solutions, which held a licence authorising a total of 30 HGVs out of two operating centres, first experienced ...
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MT ArticleNHL drivers cancel strike action after agreeing new pay deal with Unipart
NHS logistics (NHL) lorry drivers have called off a dispute with their employer Unipart after it offered an improved pay deal.The dispute involved 130 HGV and 7.5-tonne drivers, delivering NHS equipment and supplies, who were unhappy with being paid “an industry low” of £10.24 an hour, according to union Unite.It ...