All Operator news articles – Page 228
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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.
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MT Article
3B Logistics placed into liquidation
Leeds haulier 3B Logistics has entered liquidation.The company was only incorporated in 2015 but it had grown to operate a standard national licence authorising 25 HGVs and 25 trailers out of premises in Garforth.Specialising in full and part load deliveries, the company – which was previously called Freightlinks (UK) - ...
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MT ArticleB Taylor & Sons joins Fortec from rival network Pall-Ex
Nottinghamshire’s B Taylor & Sons Transport has joined the Fortec pallet network after being inundated with volumes at Pall-Ex and TPN.MD Alan Taylor said its fleet was handling up to 500 pallets a day but it was now dealing with a more manageable 150 pallets at Fortec.B Taylor & Sons ...
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MT Article
Canute Group struggles to hold back the debts
Almtone-owned Canute Group has narrowly avoided being wound up by HMRC after the taxman raised a petition against it. This came as the amount the firm owed to creditors ballooned to more than £135,000.The unadvertised winding up petition from HMRC was launched on 13 November and settled on 15 November, ...
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MT Article
Administrator reports strong interest in regards sale of stricken firm Prolog
The administrator attempting to salvage Prolog said it is in discussions with more than 70 interested parties to try and agree a sale of the Nottinghamshire warehouse and distribution firm.Mazars was appointed to the company, now in administration, on 26 November following the withdrawal of financial support by a ...
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MT Article
Clipper Logistics rides e-commerce wave to deliver more growth
Clipper Logistics experienced a buoyant first half boosted by new contract wins and organic growth in its e-fulfilment operation.Its interim results for the six months to 31 October 2018 show group revenue increased 14.1% to £227.9m (2017: £199.7m); pre-tax profit was 16.9% up at £9.3m (2017: £7.9m).New business secured during ...
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MT Article
Fortec welcomes Adrian Bradley back at 'exciting time' for the network
Adrian Bradley has left Pall-Ex where he was operations director to lead Fortec as its first MD since 2014.The move is part of a management restructuring at the pallet network, which has been without an MD since Neil Hodgson.Hodgson went on to found the ultimately unsuccessful Principle Pallet Network.Following Hodgson’s ...
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MT ArticleTarmac regional distribution model goes live with Eddie Stobart, Abbey Logistics and Pollocks [Scotrans] in the mix
Eddie Stobart has spoken of its delight in being involved in the start of a new five-year distribution model with Tarmac, which has commenced this month.The change, revealed by MT in July, has seen a regional distribution model introduced across Tarmac’s cement and lime division.It comes after more than six ...
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MT ArticlePalletways buys network member Systematic Logistics International out of administration
Palletways UK has purchased longtime haulier member Systematic Logistics International (SLi) after it was placed into administration yesterday (29 November).A sale of the business assets of the Colchester-based firm, described as having been a member of the network for 24 years, was completed by Palletways UK today (30 November).Barry Byers, ...
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MT Article
Simpsons Logistics' last gasp effort to save its business revealed
Simpsons Logistics transferred 70 employees to another company when HMRC attempted to wind it up and agreements with APC Overnight and The Pallet Express (TPN) were cancelled, according to administrators.In an effort to rescue the company’s trade, Simpsons Logistics in Chester le Street, moved all its staff over to Logistics ...
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MT ArticleTeam C Express joins the United Pallet Network
Fortec member Team C Express has joined the United Pallet Network (UPN), in addition to its Fortec membership.The APC Overnight shareholder, was set up in 1997 in Thetford, Norfolk, and its MD Tim Clemments, said: “We have built our reputation by providing exceptional customer service and believe in having close ...
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MT Article
Bad debts led to a bad end for Donnelly Transport, according to administrator
Northern Ireland steel haulier Donnelly Transport struggled under the weight of a number of significant historical bad debts and increased operational costs in the run-up to its administration in September. Administrators at the Scarva-based firm also said that the high level of company liabilities meant that it could not be ...
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MT ArticleHermes Parcelnet is fastest payer amongst road transport's largest companies
Hermes Parcelnet pays its suppliers more quickly than any other company in the Motor Transport Top 100 top 10, an MT analysis has found.In the six months to 31 August, Hermes Parcelnet – 10th in this year’s Top 100 by turnover – was first for prompt payment, taking on average ...
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MT ArticlePall-Ex accelerates drive into B2C market
Pall-Ex has strengthened its safety procedures and introduced improved software to help accelerate its drive into the B2C market.The company has equipped its drivers with an app that it claims enables them to make a full risk assessments at point of delivery and launched a software system which aims to ...