All Operator news articles – Page 279
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MT Article
Suckling Transport sees profit and turnover leap despite tough market
Suckling Transport said business had been “encouraging” last year, with profit and turnover up 49% and 43% respectively.Following a relocation of its head office in May 2014 after a change of ownership the previous year, the Laindon, Essex-based haulage contractor made sales of £19.4m during the year to 31 December ...
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MT Article
Circle Express registers second year of profit as it trades through CVA
Circle Express has continued to trade successfully under a Company Voluntary Arrangement (CVA), achieving its second consecutive profitable year.The company's latest results lodged at Companies House show the express distribution service made sales of £28.8m in the year ending 31 October 2014, an increase of £2m on the previous year.Pre-tax ...
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MT ArticleBurnt Tree adopts Enterprise name after year-long integration
Commercial vehicle hire firm Burnt Tree has been integrated into Enterprise Flex-E-Rent– the UK commercial vehicle division of Enterprise Rent-A-Car - a year after it was bought by the business.Enterprise has been running Burnt Tree as a separate business since the acquisition, while the management team implemented an integration programme.The ...
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MT Article
Transport Exchange members beat average number of empty journeys
Members of the Transport Exchange Group (TEG) freight exchanges are running empty on just 9% of journeys – way below the national average of around 28%, according to TEG’s newly appointed head of business development Simon Bunegar.TEG has agreements with 10 of the leading telematics companies to integrate location and ...
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MT ArticleTNT's Swindon parcel DC operational
TNT’s new Swindon DC is complete and in use, and is expected to be fully operational by the end of the year.The parcel hub and adjoining depot on Highworth Road, Swindon, was developed by IDI Gazeley over a 26 week period.TNT reportedly chose the site because of its proximity to ...
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MT Article
NFT owner to buy Palletforce in £30m deal
NFT owner EmergeVest had made a £30m bid for pallet network Palletforce.The acquisition, which remains subject to shareholder approval, will bring investment and also the opportunity to take the Burton-upon-Trent business global thanks to EmergeVest’s logistics interests in he UK and China.Palletforce, which was founded in 2001 by Mick Scarlett, ...
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MT ArticleIndesit staff to conduct four days of strikes over pay
More than 200 drivers and warehouse staff at Indesit UK are to carry out four days of industrial action from the end of next week.The strikes come after further negotiations between the white goods manufacturer and union Unite failed to resolve long-standing grievances about pay.Unite has announced a 24 hour ...
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MT ArticleArrow XL gets on board with double decker trailers
Arrow XL has spent £500,000 on 19 new double deck trailers for its fleet, which it said will provide greater efficiencies in terms of fleet capacity, fuel economy and environmental footprint.The 19 trailers have been manufactured by Cartwright to suit the bulky nature of Arrow XL's delivery products, which are ...
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MT ArticleAmazon plans 275 driver jobs at new DCs; speculation mounts it will launch UK grocery service
Amazon is set to create 275 driver jobs after leasing two warehouses in Surrey and Leicestershire.Both warehouses are former supermarket distribution centres, fuelling speculation the online giant is about to launch a grocery service in the UK.Amazon already operates its grocery service Amazon Fresh in the US in New York, ...
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MT Article
Hargreaves' transport profit almost halved after Imperial Tankers sale
The transport arm of the Hargreaves Group saw its profit almost halved in the year ending May 31 2015, after the sale of Imperial Tankers to the Suttons Group last autumn. The group’s preliminary 2015 results show a 48% decrease in pre-tax profit compared with the former year, with a ...
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MT Article
FedEx takeover of TNT hits bumpy road as EC steps in
FedEx said it “remains confident” about its proposed takeover of TNT Express despite the European Commission launching what it termed an “in-depth investigation” into the planned acquisition.The Commission said: “The EC is concerned that on a number of European markets for international express and regular small package deliveries, the merged ...
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MT Article
James Kemball suffers second year of profit decline
Rising driver wages and greater use of agency staff to combat recruitment difficulties contributed to a second year of reduced profit for Felixstowe-based container haulier James Kemball. Turnover in the year to the end of 31 March 2015 rose just less than 1% to £19.15m (2014: £18.97m), while pre-tax profit ...
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MT Article
UK Mail predicts big fall in profit after new hub's gremlins found to be worse than first thought
UK Mail’s forced move to new premises has had a disastrous short-term impact on the business with full-year profit now expected to be half that achieved last year, the company warned today.Due to the advance of HS2, UK Mail moved to what should be an almost fully-automated new hub in ...
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MT ArticleJJX Logistics joins the Hazchem Network
MT award winners JJX Logistics has joined the Hazchem Network.The Dudley, West Midlands company will manage delivery and collections for pallets and parcels in the WR, DY and WV areas.Hazchem MD Ali Karim said it is the first time JJX has joined a network and that its membership strengthened the ...
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MT ArticlePalletline and food "working to plan" at Boughey Distribution
Boughey Distribution said it had a “positive” year in food distribution despite difficult conditions caused by supermarkets that are fighting for market share deflating prices.Turnover at the division of NWF Group for the year-ending 31 May rose to £37.2m, up from £36.4m in 2014, while operating profit in the division ...
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MT ArticleRevis Transport buys Spandler Bros in drive for growth
York-based haulage firm Revis Transport has continued its drive for growth with the acquisition of Spandler Bros from Bunn Fertiliser.The deal sees the firm expand its geographical reach, giving the company a foothold in East Anglia.This is the company’s second acquisition in 18 months, following its purchase of ABC (Grimsby) ...
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MT Article
Pentalver boosts national service offering
Pentalver has opened its five acre, permanent container services site at DP World London Gateway – the first phase of its two-step development of facilities at the port.The new site, located adjacent to the port’s main gate, including cargo handling, transport, loaded storage, empty storage, reefer services, maintenance and container ...
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MT Article
Whistl and PostNL strike buyout deal
Whistl is to take a controlling stake in its business after negotiating a deal with former owner PostNL, which is set to be signed once the details have been confirmed. The Dutch postal company, which previously held a 100% stake in Whistl, will retain a 17.5% with the rest handing ...
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MT Article
Yodel "on target" to post first profit following departure of CEO
Yodel has said it is on target to turn a profit for the first time since it started trading in 2010, following the departure of its chief executive Neil Lloyd. Turnaround specialist Lloyd joined the company as the chief executive just two and a half years ago, when he said ...
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MT Article
DHL Supply Chain surges as Tradeteam falters
DHL Supply Chain raised pre-tax profit by almost 125% last year, accounts filed at Companies House have shown. In the year to the end of December, the firm grew its turnover by 7.3% to £4.13bn (2013: £3.85bn), with pre-tax profit rising 124% to £91.6m (2013: £40.9m).However, the result left DHL ...