All Operator news articles – Page 221
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MT ArticleKenyon Road Haulage snaps up some of Gilbraith's assets from Pollock (Scotrans)
Blackburn-based Kenyon Road Haulage has bought some of the assets of fellow Palletways member Gilbraith (TS) from owner Pollock (Scotrans).The deal sees Kenyon Road Haulage take 18 trucks, around 30 staff and some of Gilbraith’s customer base but not the business's Blackburn depot, which Pollock (Scotrans) has retained.Speaking to MT, ...
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MT ArticleGefco Group gearing up for IPO
French-owned Gefco Group is planning to sell a 40% stake in its business this year.Car manufacturer Groupe PSA, which owns Peugeot, currently holds a 25% stake in the group after selling a 75% share of the firm to Russian Railways in 2012.Last month Gefco Group presented IPO documents for approval ...
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MT Article
Geodis UK's losses deepen after investment in new Midlands site
Geodis UK said its losses deepened in 2017 largely due to the “significant start-up costs” of a new site it opened in the Midlands.Newly published financial figures for the year ending 30 December 2017 revealed that the operator increased its turnover slightly to £50.1m (2016: £49.3m) but its pre-tax loss ...
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MT ArticleDVSA to introduce new roadside fine payment system
The DVSA is introducing a new payment portal for fixed penalty roadside fines this month to replace chip and PIN payments.The portal, which will be available from 29 January, will mean payments can be made from any location and at any time of the day by anyone nominated by the ...
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MT Article
ARR Craib was in rude health ahead of its purchase by Gregory Distribution, accounts show
ARR Craib Transport grew both annual turnover and profit in its last full year of trading before it was acquired by Gregory Distribution, new accounts show.In the year to 31 March the Aberdeen headquartered haulier saw its diversification away from the UK oil and gas industry coupled with “excellent retention” ...
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MT Article
UPN welcomes Westons Transport and First Choice Transport to the fold
Westons Transport and First Choice Transport have become the latest members of the United Pallet Network (UPN).Erith-based Westons Transport will cover the DA postcode for UPN while Deptford’s First Choice Transport has taken on the SE London postcodes for the pallet network.“We are delighted to have become a member of ...
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MT Article
Almtone owned Canute Group placed into administration; some jobs saved but 450 lost
The reign of Almtone-owned Canute Group came to an end today (21 December) just over seven months after it began with the pre-pack administration and sale of its predecessor company.Close to 600 staff at the firm were informed verbally at 4pm today that the business would be moving into administration ...
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MT ArticleCanute Group expected to reveal closure details on Friday
The Canute Group, owned by Almtone, is expected to make an official announcement about its closure tomorrow afternoon.This is despite an apparently premature tweet from the company’s official Twitter account dated 19 December that reads:“It is with great sadness that we have had to post that The Canute Group have ...
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MT ArticleHoyer Petrolog renews and expands UK fleet
Hoyer has bolstered its UK Petrolog fleet with 26 new Scania P-series trucks, a mix of additional vehicles and replacements.The 450hp HGVs are operating from Purfleet and Grangemouth, with the last of the order set to arrive and enter service next May.The order includes eight Hydrapak and 18 non-Hydrapak trucks.All ...
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MT ArticleWoodall Group no longer working with The Pallet Network
Woodall Group in Birmingham has confirmed it is no longer working with The Pallet Network (TPN).Director Richard Woodall told MT it was plugging the gap in work previously provided by TPN by working with “a third party” but he did not go into any further detail.Asked why the company had ...
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MT Article
Almtone-owned Canute Group failed to meet financial standing requirement, OTC reveals
Canute Group, which is due to shut its doors this week (21 December), was unable to demonstrate financial standing, MT can now reveal.Following the news that the business, which completed a pre-pack administration in May, had come to the end of the road, a spokesman for the Office of the ...
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MT Article
The liquidation of the Principle Pallet Network begins
The liquidation of the aborted Principle Pallet Network has begun with Menzies appointed to handle the process.According to a filing at Companies House, Freddy Khalastchi, based at Menzies’ Cardiff office, has been appointed as liquidator.Principle Pallet Network’s bid to become the UK’s ninth pallet network ended in failure earlier this ...
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MT Article
D&A Media Bristol successor succumbs too
A company that took on some of the work of a Cardiff haulier after it entered administration has now gone into liquidation.D&A 004 took on staff employed by D&A Media Bristol when the latter entered administration in June.D&A Media Bristol described itself as a “family run business”, delivering full and ...
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MT Article
Canute Group reaches the end of the road with more than 600 jobs to go before Christmas
Almtone-owned Canute Group will cease trading ahead of Christmas with the loss of 600-plus jobs, after attempts to revive the business in May via a controversial pre-pack sale failed.Following the purchase of the business from administration for £1.3m by Almtone on 12 May, creditors were left nursing a £5.3m shortfall. ...
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MT ArticleSuttons Tankers bolsters management team; profit up as turnover falls in latest results
Suttons Tankers has made two new appointments to strengthen its senior management team. Gary Oliver (pictured left) has moved from DX Network Services to take up the role of operations director West, replacing Roger Parr (pictured right) who has become commercial director.Since 2010, Oliver had worked as regional director and ...
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MT ArticleChallenging market puts Lloyd Fraser Holdings to the test
Lloyd Fraser Holdings has delivered a mixed performance in what it described as a “very challenging” and price driven market.Reporting its annual results for the twelve months to 28 February 2018, the Rugby-based company revealed that its operating profit had risen by almost two thirds whilst its turnover had fallen ...
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MT ArticleSmith News makes headlines with a major new deal with Seymour Distribution
Connect Group-owned Smith News has renewed a major deal with magazine importer Seymour Distribution worth almost £400m.This latest win comes just weeks after Connect Group’s latest annual results revealed a 200% collapse in profit for the year to 31 August 2018.The agreement secures all Smiths News' distribution territories with Seymour ...
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MT Article
Rate cut and owner’s illness added to PMP-Forward failure, administrators say
A rate cut on a major contract with Debenhams, combined with the owner’s long-term absence due to serious illness, helped tip haulier PMP-Forward into administration, according to Portland Business Recovery.Fareham and Felixstowe-based PMP-Forward, which transported goods for Debenhams, called in administrators Portland Business Recovery in August this year after suffering ...
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MT Article
Clipper strengthens 10-year partnership with Asda
Clipper Logistics has extended its deal with Asda for both one-man and two-man fulfilment for the supermarket giant’s general merchandise and George product ranges.News of the deal follows Clipper’s interim results for the six months to 31 October 2018 which showed a 14.1% rise in turnover to £227.9m (2017: £199.7m) ...
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FeaturesFoulger Transport takes profit hit after loss of major customer
The loss of a major customer at the end of 2016, alongside increasing costs for drivers’ wages and fuel inflation, saw Foulger Transport head into the red in 2017.