All Operator news articles – Page 242
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MT ArticleEddie Stobart's container business, O'Connor, takes a hit after national push
Eddie Stobart containerEddie Stobart Logistics subsidiary O’Connor Container Transport is set for further integration into the group after racking up a loss of £800,000.The loss, which the firm attributed to its strategy to turn the regional business into a national player, is laid bare in the company’s results for the ...
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MT Article
DX Group sells sites and borrows £2m from shareholder to repay loan
DX Group has sold five of its properties and taken a loan from its biggest shareholder to pay back a bank loan.The group has committed to a sale and leaseback of its sites in Thatcham; Basildon; Rotherham; Northampton and Nottingham. The deal with Chancerygate (Livingston) is due to complete on ...
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MT ArticleSterling's fall from grace hurts Laser Transport International
Laser TransportLaser Transport International suffered a "savage" financial hit due to the devaluation of the pound in 2016 after the UK's vote to leave the EU, newly published accounts show. In its results for the year to 31 December 2016, the Hythe-based international freight company and former MT Haulier of ...
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MT ArticleCEVA refreshes fleet with 120 vehicle lease deal
CEVA IvecosCEVA Logistics has signed a three-year lease deal with Dawsonrentals Truck & Trailer to take 120 new vehicles as upgrades to its fleet.The Iveco Stralis units, with sleeper cabs, will begin to be delivered from this autumn.They will be used across a range of CEVA operations including consumer retail, ...
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MT ArticleCollapsed TT Express (Oldham) snapped up by John Raymond Transport
TT Express (Oldham) has been sold to John Raymond Transport in a pre-pack deal after it went into administration last week (15 September). The 40-year-old business appointed administrator KPMG the same day, which immediately transferred the assets and 56 employees to an unconnected party – TT Express Group.Both TT Express ...
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MT ArticleThreat of industrial action rises at Co-op as disabled driver row escalates
The Co-op has accused Unite of ignoring its agreed processes, as a dispute over the firing of two disabled drivers at the supermarket’s Thurrock DC escalated. Unite’s 345 drivers at Thurrock are set to vote on whether to go to a full-scale industrial action ballot in defence of two sacked ...
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MT Article
New European CEO for XPO Logistics
XPO Logistics has promoted its MD of European supply chain to the role of European CEO.Malcolm Wilson replaces Troy Cooper. Cooper had held the role since XPO bought Norbert Dentressangle in 2015, as well as his position as global chief operating officer (COO). Cooper continues in the global COO role.Wilson ...
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MT Article
Ministry of Defence contract boosts Kuehne + Nagel
Kuehne + Nagel said that the performance of its contract logistics division “continues to be impressive” after a “game-changing” contract with the Ministry of Defence saw turnover rise 33% year-on-year.According to its most-recent filing at Companies House, turnover at K+N’s contract logistics division rose from £389m to £516.7m for the ...
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MT ArticleDX Group woes mount after accounting error
DX Group is to take a close to £2m profit hit after an accounting error relating to the treatment of a leasehold property.In a statement, the embattled operator said that during the preparation of its final result for the year ended 30 June 2017, it had “become aware of an ...
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MT ArticleRoad services growth drives Bartrums business onwards
Bartrums has reported a combined turnover of more than £28m for 2016, with strong growth in its road services arm.Newly published accounts show that for the year ending 31 December 2016, the Eye, Suffolk-based company posted a turnover of £19.6m in its haulage and storage division, 3.7% higher than in ...
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MT ArticleUPS named first commercial partner for Fuso eCanter electric truck
UPS will be the first commercial partner of Daimler-owned Fuso’s electric eCanter truck, which was officially launched in New York today.Production of the truck, which has a 100km range and 3-tonne payload, began in Portugal earlier this year.Daimler hopes to deliver 500 eCanter units to businesses in the US, Europe ...
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MT ArticleKammac joins Pallet-Track to fill Abbey Logistics Group hole
KammacKammac has joined Pallet-Track, taking on the WA postcode that is being vacated by Abbey Logistics Group at the end of next month.The operator, formed in the 1980s by MD Paul Kamel, has depots in Lancashire, Merseyside, Nottinghamshire and Staffordshire.It employs more than 350 people and specialises in contract logistics, ...
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MT ArticleEddie Stobart opens training academy to wider transport industry
Eddie Stobart has opened its previously in-house training academy up to the whole transport industry. The operator opened its training facility at its Appleton HQ in 2015, where it's been training its own employees in HGV driving, transport legislation, warehouse and operational training and management development.As of today (14 September) ...
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MT ArticleSpar wholesaler James Hall & Co buys new Volvos
Spar wholesaler James Hall & Co has bought eight new Volvos to serve more than 600 stores across the country. The operator bought six 4x2 FM tractor units as well as two 6x2 FE rigid trucks, with 410hp and 320hp respectively.The vehicles have 11-litre Volvo engines and are equipped with ...
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MT ArticleAbbey Logistics Group to end general haulage and pallet work and focus on tanker business
Abbey Logistics Group will close its general haulage and pallet network business to concentrate on the tanker business where it first made its name.In a statement today (12 September), the firm, which was originally known as Abbey Road Tanks, said it had grown rapidly in the last two years through ...
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MT Article
NFT promotes Ross Eggleton to chief executive role as part of growth plans
Chilled food logistics specialist NFT has announced a management restructuring that will see chief operating officer Ross Eggleton become chief executive at the firm in January.As part of the restructuring, current CEO David Frankish will become NFT vice- chairman with responsibility for strategic customer development and acquisition and merger opportunities.He ...
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MT ArticlePallet-Track passes 20 millionth pallet milestone
Pallet-Track marked a milestone this month after processing the 20 millionth pallet through its network since it first opened for business 13 years ago.The pallet network, which recently opened a £10m hub in Greater Manchester, said it had recorded an increase in the volume of traffic through its UK locations ...
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MT ArticleRoyal Mail workers to be balloted for industrial action over pension and pay row
Royal MailAs reported by MT earlier this week, the Communication Workers Union (CWU) has today confirmed it will ballot members for industrial action over a host of issues including pensions at Royal Mail.Terry Pullinger, CWU deputy general secretary (postal), said: “Talks have been taking place since April 2016, but the ...
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MT ArticleFaccenda Foods and truck tyre retreader Bandvulc build on relationship
Poultry supplier Faccenda Foods has awarded truck tyre retreader Bandvulc with a contract extention.The extention, which runs to March 2019, will take Bandvulc’s partnership with Faccenda Foods into its 11th year.The deal sees BVPlus+, the firm’s fleet management division, deliver tyre management services to Faccenda’s fleet of 166 trucks and ...
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MT Article
Yodel makes eighth consecutive loss, but shareholders keep the faith
Yodel failed to turn a profit for the eighth consecutive year in its recently closed financial year, and CEO Mike Cooper has admitted its owners regularly give him “a hard time”.The parcel carrier has never managed turned a profit, making a pre-tax loss of £50.4m in its most recently published ...