All Operator news articles – Page 264
-
MT ArticlePalletways Group sold to Imperial Holdings for £163m
Palletways Group has been bought by South-African group Imperial Holdings in a transaction worth £163m. The pallet network’s previous owner, Phoenix Equity Partners, purchased the company in 2004 when it backed CEO James Wilson's takeover.At this point Palletways was 10 years old as a business with a definite UK focus.Since ...
-
MT ArticleJames Kemball enjoys year of growth after fleet investment
Felixstowe-based haulier James Kemball’s investment in additional fleet appears to have paid off with a 9% rise in turnover and 32% jump in pre-tax profit.The container haulage company has also taken on new MD Peter Keates as part of a management restructuring that took place in April.The restructuring has seen ...
-
MT ArticleSalvatori Group moves to new headquarters
A Salvatori and Sons has gained better access to the A2, the port of Dover and to Salvatori Group’s sites in Rochester and Calais, after its parent company’s relocation to headquarters outside Canterbury.The new £5.5m Kent premises is "tailor-made" for the group's activities, which include heavy and palletised haulage, as ...
-
MT Article
Widdowson Group stablemate Davis Haulage placed into CVA months after purchase
It has emerged that chilled and ambient logistics specialist Davis Haulage entered into a company voluntary arrangement (CVA) months after it was bought by the owner of Widdowson Group.Widdowson Group, the trading name of AM Widdowson & Son, is also operating under a CVA after suffering financial problems. It was ...
-
MT Article
Ofcom concerned Royal Mail could unfairly subsidise its parcels operation via its letters business
Ofcom is concerned that Royal Mail could potentially cross-subsidise its parcels operation through its letters business, as its market share and delivery network is much more established in the latter.The strength of its operation in the letters sector could give the carrier an unfair advantage in the parcels market, and ...
-
MT Article
Reasons for Surfair Global Logistics demise laid bare by report
Key factors leading to Surfair Global Logistics demise were the owner’s inability to spend “sufficient time” at the business, due to a family bereavement, and an “unexpected trading loss” after inaccurate reporting of the company’s financial position.The claims are made in a creditors report by administrators Milner Boardman & Partners ...
-
MT Article
FedEx to keep TNT brand as takeover completes
The TNT Express brand will remain intact following its €4.4bn (£3.4bn) acquisition by FedEx, which was completed this morning. FedEx’s European HQ, FedEx Europe president and newly appointed TNT CEO David Binks said the company planned to “make appropriate use of the excellent TNT brand for the near future”.Binks added: ...
-
MT ArticleHaulage director disqualified for eight and a half years over £500,000 tax offence
A haulage director has been disqualified for eight and a half years after an investigation found more than half a million pounds of VAT was neither reported nor paid.The Insolvency Service (IS) said Steven Heard’s conduct had fallen “extremely short of the standards of competence and integrity” after it also ...
-
MT Article
Wincanton employees to be unaffected by Argos drivers dispute
Wincanton has said it doesn’t expect to be affected by the dispute between union Unite and Argos over the proposed transfer of almost 100 drivers despite managing the majority of the retailer’s transport operation. Other than the 96 in-house drivers Argos intends to transfer to Eddie Stobart Logistics, the retailer’s ...
-
MT Article
Nagel Langdons sees profit drop as it focused on quality of service
Pre-tax profit at Nagel Langdons took a hit last year as it saw an increase in lower-margin business.MD Arran Osman told Motortransport.co.uk that the company focused on delivering a high-quality service for its customers in 2015, which came at a cost.He said the operator was “overwhelmingly satisfied” with its annual ...
-
MT Article
UK Mail profit falls by close to a third after "challenging year"
Pre-tax profit fell by almost a third at UK Mail in a year that saw the group move to a new hub and fit-it with incompatible parcel sorting technology.For the year ended 31 March 2016, UK Mail recorded pre-tax profit of £14.4m (2015: £20.1m).The company reported it had had “teething ...
-
MT Article
Surfair Global Logistics collapse leaves creditors £1m out of pocket
The collapse of Surfair Global Logistics has left more than 80 unsecured creditors facing losses amounting to over £1.1m, according to a report by the firm’s administrator Milner Boardman & Partners.The Derbyshire-based company's Irish distribution partners were hit particularly hard when it went into voluntary liquidation last month.Dublin-based Landbridge Logistics ...
-
MT ArticleH&B Logistics moves from UPN to Pallet-Track
Greater Manchester-based haulier H&B Logistics has joined pallet network Pallet-Track as part of a drive to grow the business.Sales director Darren Platt told Motortransport.co.uk that the company had quit rival network UPN and joined Pallet-Track as part of plans to grow.Platt said the company has already experienced rapid growth during ...
-
MT Article
Profitable Royal Mail accounts prompt Unite to call for managers' pay rise
Unite has criticised Royal Mail for refusing to up a proposed pay increase, despite reporting a £608m profit in its latest results.The postal service said it could face regulator fines if the dispute escalates further.More than 4,800 Royal Mail employees are currently on a work to rule and an overtime ...
-
MT Article
Pall-Ex welcomes new member after postcode reshuffle
Pall-Ex has welcomed a new member to its network after a reshuffle of its postcode areas.K2 Transport officially became a member on 23 May, covering the TN and BN areas. It said the move to join Pall-Ex was a “natural” one that would act as a catalyst for business growth.Pall-Ex ...
-
MT Article
Road transport industry split on Brexit
Industry leaders remain divided on whether the UK should remain in the EU, just over a month before the referendum on 23 June. Pall-Ex founder Hilary Devey told Motortransport.co.uk: “Britain is stronger in Europe, it’s as simple as that. Britain would be a net loser if we left Europe, with ...
-
MT ArticleSamworth Brothers opts for first ever Volvo trucks for fleet
Own-account operator Samworth Brothers Supply Chain has taken its first ever Volvos in the form of 35 FH trucks.The supply chain business has a 100-strong fleet and is the distribution arm of Samworth Brothers, which owns brands such as Ginsters and Soreen.The order comprised 34 FH-460 6x2 tractor units, plus ...
-
MT Article
DX Group denied permission for West Midlands hub
DX Group has been refused planning permission for its proposed super hub in Essington, Staffordshire. The planned £63m hub was rejected by the local authority planning committee at a hearing last night (17 May).The company said in a statement that it was now considering its options, including an appeal against ...
-
MT Article
FedEx and TNT deal to complete this month
FedEx’s €4.4bn (£3.4bn) takeover of TNT Express is set to complete later this month, just over a year since the parcel giants announced the deal.In a joint statement today, the businesses said 88.4% of TNT Express’s shares had been tendered during the acceptance period that ended on 13 May. FedEx ...
-
MT Article
Suttons Tankers says it's in its "best interests" to walk away from British Sugar deal
Suttons Tankers, part of Suttons Group, said it is in its “best interests” to walk away from its eight-year relationship with British Sugar when its contract expires later this year.The North West operator won the contract in a competitive tender in 2008 from incumbent Turners (Soham), which had previously held ...