All Operator news articles – Page 237
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MT Article
Eddie Stobart Logistics questions Wincanton's motives for pulling out of bidding race
Eddie Stobart Logistics (ESL) has hit back at Wincanton's claims this week that it has withdrawn its interest in bidding for the company due to a lack of financial information, insisting it gave Wincanton “extensive due diligence commensurate with its status as a strategic competitor".Wincanton withdrew its interest in bidding ...
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MT ArticleMaritime's East Midlands Gateway on track for completion
Maritime has revealed it is making "rapid progress" on the construction of its rail terminal at Castle Donington, East Midlands Gateway (EMG), due to begin operating officially at the start of 2020.The 17-acre interchange, which will be capable of handling up to sixteen 775metre-long freight trains daily, has recently taken ...
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MT ArticlePalletforce launches new artificial intelligence technology Alliance Sense
Palletforce has announced the roll-out of new artificial intelligence (AI) technology across its entire distribution channel.Alliance Sense has the ability to predict delivery issues before they happen and is the first system of its kind to be used by a transport network, the company claimed.Building on its bespoke Alliance system, ...
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MT ArticleHexagon Leasing rides on the storm for new Mercedes-Benz vehicles
GRP building components supplier Stormking has taken three Mercedes-Benz vans from Hexagon Leasing after using the contract hire and leasing specialist to replace its HGV fleet over the last three years.The Tamworth-based supplier of products including fibre-glass dormer windows, dormer canopies and door canopies has added a Sprinter and two ...
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MT Article
Europa Worldwide appoints head of property to oversee construction of £60m superhub
Europa Worldwide Group has taken on former Aldi Stores UK national building manager Alec Kirkbride to lead the construction of its new £60m superhub in Corby, Northamptonshire.Kirkbride has assumed the newly-created role of head of property at Europa, which will involve him overseeing commercial real estate, procurement, health and safety, ...
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MT ArticleJigsaw wins biggest ever deal with Refresco
Transport consortium Jigsaw has won its largest ever contract, with bottling giant Refresco.The deal involves the transport and distribution of 200m cases of soft drinks and beverages annually, from 10 UK sites direct to customers and for warehousing.Part of EV Cargo, Jigsaw companies including CM Downton and Sparks Transport will ...
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MT Article
Eddie Stobart Logistics wins stay of execution on £200m loan
Troubled haulier Eddie Stobart Logistics (ESL) has won a six-month breathing space on repaying a £200m loan and more than a year's extension before it has to prove to its lenders it can service the debt.The rescue plan sees Allied Irish Bank, Bank of Ireland, BNP Paribas, and KBC waive ...
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MT ArticleWalker Logistics takes over supply chains for Luxie, New Flag and Grahams Natural UK
Walker Logistics has stepped in and added three cosmetic and skin care customers to its list after their third-party distributor entered administration.It is now managing the supply chains for Luxie, New Flag and therapeutic skin care range Grahams Natural UK.All three had previously outsourced their logistics processes to a haulage ...
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MT ArticleDate set for Eddie Stobart Logistics shareholders to consider DBAY Advisors bid
A general meeting of Eddie Stobart Logistics (ESL) shareholders is to take place on Friday, December 6 to consider DBAY Advisors' bid for the troubled haulier.The Isle of Man-based private equity company has offered ESL a £55m capital injection and will take a 51% stake in the company if shareholders ...
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MT ArticleClipper Logistics founder Steve Parkin teams up with Sun Capital Partners to prepare takeover bid
The founder of Leeds-based Clipper Logistics is reported to be lining up a £300m takeover bid to take the company private.Executive chairman Steve Parkin, who founded the company in 1992 and owns nearly a third of its shares, is understood to be preparing a bid with Florida-based Sun Capital Partners.He ...
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MT ArticleVolkswagen supply chain under threat after GB Terminals (Southern) staff balloted for strike action
The supply chain for Volkswagen cars, including models from Audi, Porsche and Skoda, coming off ferries in Kent could be disrupted after staff at logistics firm GB Terminals (Southern) were balloted for strike action.The Unite union said pay negotiations with Sheerness-based GB Terminals (Southern), part of the GBA Group, had ...
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MT ArticleMenzies Distribution to offer travel agents recycling bins and collect free of charge
Menzies Distribution has made moves to reduce waste in the travel industry by providing travel agents with recycling bins, which will then be collected free of charge.BP Travel Marketing, part of Menzies, will provide 150 travel agents across the south-east with the bins for brochure shrink-wrap and plastic brochure wrapping, ...
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MT ArticleRhenus slashes Swoon delivery failures under new two-man contract
Logistics provider Rhenus has cut furniture brand Swoon's delivery failure rate by half after taking on the delivery contract for the Southwark-based firm.The partnership sees Rhenus integrate Swoon's deliveries into its business in order to offer Swoon's clients quicker lead times. The furniture brand sells over a thousand designs ranging ...
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MT Article
DHL Supply Chain in talks to take over Sunseeker International logistics operation
DHL Supply Chain is set to transfer 80 Sunseeker International logistics staff in a deal which will see it take over the luxury boat builder’s logistics operations.In a statement this week Sunseeker International said the negotiations had reached an “advanced” stage.Under the agreement DHL will provide logistics services, including the ...
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MT ArticleXPO Logistics in sustainability drive with LED lighting roll out
XPO Logistics has hit upon a bright idea and invested in “intelligent” LED lighting systems across five million square metres of site surface space.It said it expects to have the systems installed in approximately 75% of its total space in Europe by the end of next year.The systems use sensors ...
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MT ArticleBrexit is in road transport's best interests, insists Europa MD Andrew Baxter
Europa MD Andrew Baxter has revealed the company has spent at least £1m on Brexit preparations in 2019 alone but said year-end profits would still be up and that leaving the EU is the right outcome for the logistics sector.With the Dartford-based firm focusing heavily on UK/European road freight, committed ...
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MT Article
William Stobart to take key role at Eddie Stobart Logistics under DBAY takeover plans
William Stobart is set to return to Eddie Stobart Logistics (ESL) if equity firm DBAY Advisors succeeds in its bid to buy the troubled haulier.Stobart's initial task will be to lead the board in ensuring ESL deliver a "strong performance" over the peak Black Friday and Christmas period.Rival bidder Andrew ...
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MT Article
Wincanton and Eddie Stobart merger a "logical" match, says CEO James Wroath as he unveils group's half-year results
There is an “industrial logic” to Wincanton merging with Eddie Stobart Logistics (ESL), Wincanton’s new chief executive James Wroath told analysts at the launch of the group’s latest half-year results.Unveiling figures until 30 September, Wroath said there was a synergy between Wincanton and ESL, particularly in the transport services ...
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MT Article
Former CEO Andrew Tinkler returns to ring with £75m bid for Eddie Stobart Logistics
Andrew Tinkler, former boss of Eddie Stobart, is putting together a £75m rescue bid for ailing Eddie Stobart Logistics (ESL), according to reports.Tinkler, who headed up the business as part of the Stobart Group until 2014, is reported to be putting together a £50m package, with an additional £25m ...
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MT Article
Wincanton urges Eddie Stobart stakeholders to "take no immediate action" on DBAY sale agreement
Wincanton has told Eddie Stobart Logistics' stakeholders to "take no immediate action" following news that ESL has agreed a conditional sale to private equity firm DBAY Advisors.Wincanton is still running the rule over a possible merger of its own with ESL and undertaking a due diligence exercise on its assets. ...