All Operator news articles – Page 227
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MT Article
Royal Mail fined £50m for 'deliberate strategy' to limit final mile competition
Royal Mail has been fined £50m by Ofcom for a “serious” breach of competition law, in which it abused its dominant market position and deliberately targeted final mile delivery competitor Whistl.Whistl, then TNT Post, was trialling final mile operations in London and Manchester when Royal Mail announced a hike in ...
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MT Article
Canute Haulage Group facing legal action from its former pallet network
Pallet-Track is preparing legal action against the new owner of Canute Haulage Group over a £50,000 debt, MT can reveal.Canute was a Pallet-Track member and covered multiple postcodes including CA, LA, TD, DG and RM.However, Pallet-Track is understood to have served Canute its notice in March, ahead of its controversial ...
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MT ArticleWincanton extends Ibstock Brick contract
Wincanton has extended its contract with brick manufacturer Ibstock Brick by four years.The operator manages 95% of the distribution of Ibstock Brick’s products and will be the sole supplier of transport at its new factory in Leicestershire, which opened in June.Ranald Forbes, director of construction at Wincanton, said: “Our specialised ...
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MT Article
Maritime Transport sets its sights on chilled distribution sector after strong 2017
Maritime Transport wants to grow in the chilled distribution sector, after a successful start to its contract running Tesco’s Snodland DC contributed to a strong performance in 2017.Taking over from Wincanton, Maritime began delivering chilled produce to Tesco stores in the South London area a year ago, and MD John ...
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MT Article
Asset Alliance buys Hanbury Riverside
Asset Alliance has bought renowned commercial vehicle dealership Hanbury Riverside for an undisclosed sum.The deal, including vehicle assets of more than £17m, completed yesterday (6 August) after more than six months of talks.Asset Alliance, which gains its first depot in the South East in the acquisition, welcomed the links the ...
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MT Article
Premier Logistics (UK) forced to improve terms of CVA for creditors
HMRC has forced through a revision to the original deal put forward for creditors of Premier Logistics (UK), which entered a Company Voluntary Agreement (CVA) earlier this week, MT can reveal.Following a meeting on 30 July where the revisions were put to creditors of the business, the tax man, which ...
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MT ArticleYusen Logistics UK snaps up ILG to boost its e-commerce offer
MT Top 100 company Yusen Logistics UK has snapped up e-commerce delivery and fulfilment firm ILG, in a move it claims will catapult it into the top ten of UK logistics providers.The deal, completed on 1 August, could deliver a 12% revenue boost to Yusen Logistics, which ranked 21 in ...
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MT ArticlePremier Logistics (UK) enters into company voluntary arrangement
Bardon, Leicestershire-based Premier Logistics (UK) has entered into a company voluntary arrangement (CVA).Rajnesh Mittal and Steven Stokes of FRP Advisory have been named as joint supervisors of the CVA.The struggling haulier has been seeking to restructure its finances in the face of a £5.7m shortfall to creditors.The final details of ...
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MT ArticleClipper Logistics flying high as contract wins and and acquisitions provide boost
New contracts and successful acquisitions made for a strong 2017/18 at Clipper Logistics, which saw both its turnover and profit soar.The e-retail specialist saw turnover increase by 17.6% in the year ended 30 April 2018 to £400.1m (2017: £340.1m). Pre-tax profit for the year was up by 11.8% at £18m ...
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MT ArticleSuttons Group spends £6m on 70 Volvo FMs
Suttons Group is spending more than £6m on new tractor units– the first in the UK road tanker fleet to feature the company’s new branding.The company is purchasing around 70 new Volvo FMs with Globetrotter XL cabs as part of a replacement strategy to upgrade the existing vehicles, along with ...
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MT ArticleTuffnells debuts new livery as it puts ten Mercedes-Benz Ategos into operation
Tuffnells has unveiled an update to its ‘Big green parcel machine’ livery on the side of 10 new Mercedes-Benz Atego it has put into service.Stuart Godman, commercial director at Tuffnells owner Connect Group, said, “We’re delighted to be revealing our fresh new look, one that simultaneously recalls Tuffnells’ 104-year heritage ...
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MT Article
Connect Group brings in new CEO from America in bid to turn its fortunes around
Connect Group has appointed the former CEO of an American logistics supplier as its new chief executive, after a troubling set of results for the group triggered the resignation of Mark Cashmore last month.Jos Opdeweegh has worked at the helm of a number of logistics and supply chain business in ...
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MT Article
Premier Logistics on the brink of company voluntary arrangement
Struggling haulier Premier Logistics (UK) is set to enter a company voluntary arrangement (CVA) as it looks to restructure its finances in the face of a £5.7m shortfall to creditors, MT has learnt.In a letter seen by MT dated 11 July, FRP Advisory stated that it had been instructed by ...
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MT Article
Europa Worldwide Group leaves Palletline
The road division of Europa Worldwide is leaving Palletline in a move the network describe as “a mutually agreeable strategic realignment for the company.”Europa will no longer be aligned to any pallet network as it shifts to focus on its own services and distribution network.Graham Leitch, Palletline MD, said: “Europa ...
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MT ArticleBrakes goes green and low with GTL powered Econic
Brakes has put its first low-entry direct vision Mercedes-Benz Econic into operation in London. The truck, pictured, is a response to London’s regulatory emphasis on cyclist safety and air quality. It runs on 100% Shell GTL (gas to liquid), a “paraffinic diesel” that is interchangeable with normal diesel but gives ...
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MT ArticleWincanton to help customers envisage and design post-Brexit operations
Wincanton is offering its customers the opportunity to model what their supply chains could look like after Brexit. The operator has joined forces with PwC to offer planning support to customers in order to help them prepare for the UK's departure from the EU next year.The four-stage planning service includes ...
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MT ArticlePL Logistics and Distribution sold to business connected by the same director
All staff jobs at a Thurrock-based haulage firm have been saved after it entered administration and was then sold.PL Logistics and Distribution appointed insolvency experts from SFP on 10 July and a sale of its business and assets was completed on 12 July.The company was established in 2009 and undertook ...
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MT Article
C Butt Logistics turns profit for the first time since 2014
C Butt Logistics turned a profit in its 2017/18 financial year for the first time since 2014, 12 months ahead of its self-predicted return to the black.The business suffered a 30% increase to its pre-tax loss in the year ended April 2017 to £461,654 (2016: £355,761).But joint MD Jonathan Butt ...
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MT ArticleUK Mail to be rebranded as DHL Parcel UK
The fate of the UK Mail brand has been sealed, with owner Deutsche Post DHL set to bring the delivery company under a new name after buying the business in 2016. UK Mail and its assets will become DHL Parcel UK, with its fleet and portfolio of more than 50 ...
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MT Article
New chairman at Wincanton
Dr Martin Read CBE has been appointed chairman of Wincanton with effect from 1 August.Read is currently chairman of two government owned companies - the Low Carbon Contracts Company and the Electricity Settlements Company - as well as the Remuneration Consultants Group and the UK Government Senior Salaries Review Body. ...