All Operator news articles – Page 222
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MT Article
Wincanton full-year turnover to fall but profit performance remains robust
Wincanton has told investors that its full year turnover will be lower than 2018's, after the late start of a number of new contracts failed to offset its exit from several low margin deals.In a trading update Wincanton said: “The strong wins achieved in the second half were too late ...
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MT ArticleYodel makes £112m annual loss, its largest to date
Yodel has made its largest ever loss in the year to 30 June 2018, newly published accounts reveal.Formed from the merger of the Home Delivery Network (HDNL) and DHL’s Express Delivery business in 2010, profitability has eluded Yodel ever since. Its best result to date was a loss of £45.4m ...
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MT Article
Bedfords stablemate RPL Transport in administration too
RPL Transport has followed parent company Bedfords Group into administration, motortransport.co.uk has learnt.RPL Transport, which trades as RPL Logistics and is based in Milton Keynes, appointed Howard Smith and David Costley-Wood from KPMG’s restructuring practice as administrators today (1 April).Smith and Costley-Wood were appointed administrators of Bedfords Group (Bedfords Limited) ...
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MT Article
DSV purchase of Panalpina will create world's fourth largest logistics firm
Global logistics provider DSV is to acquire Swiss rival Panalpina in a £3.51bn deal that will create the world’s fourth largest logistics company behind Deutsche Post DHL, Kuehne+Nagel and DB Schenker.Panalpina's board has agreed to a revised offer described by chairman Peter Uber described as “very attractive.” The Panalpina board ...
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MT ArticleSuttons Tankers buys DHL Supply Chain’s bulk chemical business
Widnes-based Suttons Tankers has bought DHL Supply Chain’s domestic bulk commodity chemical business.The deal sees Suttons Tankers operating chemical transportation from sites in Billingham, County Durham and Runcorn.DHL’s dedicated services in packed chemicals, bitumen, lubricants and fuels remain with DHL.Just over a year ago Suttons Tankers, which operates a ...
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MT Article
Drivers working on Eddie Stobart Logistics' Walkers contract balloted for strike action
Unite members at Eddie Stobart Logistics’ Walkers Snacks Food contract are being balloted for strike action, after the union accused the haulier of ignoring its members’ established terms and conditions.Staff at Walkers Snacks Food, a contract highlighted out as one of ESL’s marquee wins in yesterday’s (28 March) full year ...
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MT ArticleBedfords Group collapses into administration and ceases trading
Bedfords Group has been placed into administration and has ceased trading.Howard Smith and David Costley-Wood of KPMG were appointed to handle the insolvency of Bedfords Limited, which trades as Bedfords Group, on March 27.A skeleton staff has been retained to assist the administrator with the insolvency process at its main ...
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MT Article
Eddie Stobart Logistics surges after spending spree pays dividends
Eddie Stobart Logistics (ESL) achieved a major milestone in 2018 as it spent big on transforming itself into an end-to-end transport supplier with turnover, profit and debt surging as a consequence.The company went on a buying spree following its listing on the Alternative Investment Market in 2017.It said its acquisitions: ...
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MT Article
Wincanton lands purr-fect deal with pet store group Jollyes
Wincanton has signed a three-year contract to provide a full multi-channel service to pet store group Jollyes.Wincanton will provide shared warehousing and transport services, delivering to more than 90 stores across the UK and direct to Jollyes’ customers.The service will be based at Wincanton’s shared-user site in Wigan and comprise ...
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MT ArticleClive Cowern Transport leaves Pall-Ex for Pallet-Track; network bolsters line-up
Clive Cowern Transport has switched from Pall-Ex to Pallet-Track to help expand its service and customer offering.The Bridgnorth-based firm, which operates more than 40 vehicles, will boost Pallet-Track’s West Midland’s portfolio by running deliveries and collections across the WV postcodes.The firm’s decision to join Pallet-Track was influenced by general manager ...
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MT ArticleKenyon Haulage starts running for the Fortec Distribution Network
Kenyon Haulage has joined the Fortec Distribution Network, covering the Blackburn, Blackpool and PR postcodes for the pallet network.The haulier, which has sites in Blackburn and Woodwille, recently purchased Gilbraith assets from owner Pollock (Scotrans).It remains a member of rival pallet network, Palletways and was an inaugural member of its ...
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MT ArticleFundraiser launched in memory of Prestons of Potto's David Preston
Prestons of Potto transport manager Jack Preston has launched a fund raising drive in honour of David Preston, who died last month.The JustGiving Page in Memory of David Preston is raising funds for Teesside Hospice, described by Jack Preston, David's nephew, as “truly fantastic” at a very upsetting time.The entry ...
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MT ArticlePall-Ex launches groupage service as it expands partnership with Staples
Pall-Ex has introduced a groupage service to support a new contract it is running together with Staples Solutions.The partners are now providing warehousing fulfilment and distribution to the Saint-Gobain-owned plumbers’ merchant Graham from Staples’ 500,000sq ft warehouse in Rockingham, Northamptonshire.The deal, which went live last week, will now build until ...
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MT Article
Rising fuel costs were the final straw for Woodall Group, according to administrator
The administrator for Woods (Haulage), which traded as Woodall Group, has confirmed that fuel costs were one of the reasons why the Birmingham transport company ultimately failed.The former member of The Pallet Network appointed Duff & Phelps as administrator on 11 February and, after struggling to find a new owner, ...
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MT ArticleJohn Lewis Partnership to deliver zero emission fleet
John Lewis Partnership (JLP) is aiming for a fully zero-emission fleet by 2045.The retailer announced the ambition yesterday (20 March) as part of its wider strategy to eliminate net greenhouse gas emissions across the entire business by 2050 at the latest.This will see all John Lewis & Partners and Waitrose ...
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MT ArticleTurners (Soham) takes 30% stake in Dowse Haulage, cementing partnership
Turners (Soham) has bought a 30% stake in bulk powder specialist Dowse Haulage after MD Paul Day spied an opportunity.The Cambridgeshire logistics company has worked with Dowse, which operates 38 lorries and 43 trailers out of two bases in Brigg, North Lincs, for several years and Day said it bought ...
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MT Article3PLs over-optimistic about client satisfaction
Only 18% of logistics clients are very satisfied with the service they receive from their 3PL, according to an online survey of 100 3PLs and customers by supply chain consultancy SCALA.In contrast, 38% of 3PLs optimistically believe their customers are very satisfied with the service they receive.However no clients said ...
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MT ArticleBowring Transport profit falls by a quarter as fuel costs bite
Diesel price increases combined with depreciation charges due to Bowring Transport’s fleet renewal programme saw pre-tax profit in the company’s haulage division fall by 25% last year.In the year to 31 May 2018, the Mansfield, Nottinghamshire-based company revealed that, despite a 5.5% rise in turnover in its haulage division to ...
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MT Article
French shipping firm to complete takeover of CEVA Logistics
French shipping firm CMA CGM is set to takeover CEVA Logistics after building an almost 90% shareholding in the company after a public tender launched earlier this year.When the offer was launched in January this year CEVA Logistics, which is headquartered in Baar, Switzerland, called on shareholders to decline CMA ...
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MT Article
Switch from Fortec to Palletways has paid off, says International Logistics Centre
Six months after leaving Fortec to join Palletways, Newark-based International Logistics Centre said it is reaping the benefits of Palletways’ IT system, which it claimed had cut administration hours at the haulage and freight forwarding business.The firm made the move from Fortec in October of last year. Andrew Morris, MD, ...