All Operator news articles – Page 334
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MT Article
Royal Mail share price continues to climb
Royal Mail's share price has continued to climb since conditional trading began on the London Stock Exchange on Friday (11 October).Share prices began at 330p at 8am on Friday morning, but had soared to 455p by the end of the day. Over 224.5 million shares were traded on the opening ...
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MT ArticleNews Extra: Cycling - are hauliers doing enough?
A cross-party strategy to Get Britain Cycling aims to see a quarter of all journeys made on a bicycle by 2050. It's lead to to a flurry of pro-cycling announcements from Westminster with little consideration for operators.In recent months operators have been dealt a deluge of safety initiatives and ...
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MT Article
DSV Road launches instant spot-price quotes system
DSV Road has launched an online Quote & Book system to provide an instant response to customers seeking a spot price for export, import and domestic road shipments.The new booking system asks customers to complete a short registration form and details of the job. “The whole process can take as ...
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MT Article
K+N sees road and rail logistics turnover and earnings slip
Kuehne + Nagel says it is on track to reach its goals for profitable growth, despite a slip in turnover and EBITDA in its road and rail business.Turnover in the division fell 2.5% to CHF2.28bn (£1.5bn) for the nine months ended 30 September 2013, compared to CHF2.34bn (£1.6bn) during ...
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MT ArticleYearsley adding 26 trucks and 50 trailers to cope with demand
Heywood, Lancashire logistics firm Yearsley Group has begun taking delivery of the first of 26 new trucks and 50 new trailers being added to the fleet to cope with additional business. The trucks, all 6x2 Euro-5 Mercedes-Benz Actros tractors, will be running at 44 tonnes GVW and will be based ...
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MT Article
CitySprint on hunt for 300 couriers for Christmas peak
CitySprint is looking to recruit an additional 300 drivers in the run-up to this year’s festive period following a record 2012 Christmas, which saw more than 250,000 packages delivered.The same-day courier said consumer confidence in last-minute online deliveries has increased, with deliveries peaking on 18 December in 2012, remaining high ...
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MT Article
Royal Mail share price rises 35% shortly after listing begins
Royal Mail began conditional trading on the London Stock Exchange this morning (11 October), with shares rising in value by over a third just an hour and a half into its listing.Share prices began trading at 330p with a market capitalisation of £3.3bn when the listing began at 8am today. ...
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MT ArticleBishopsgate set to enter new stage of growth after Allport purchase
Tim Bloch, MD of Bishopsgate (left) with Maud Armitage (Allport Specialist Services)The MD of Bishopsgate, a two-man delivery and installation firm, has described the purchase of Allport Cargo Services’ Specialist Services division in June as “a massive step” forward for the business.The firm, which has its HQ in Royal Wootton ...
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MT Article
Task Force Movement & Storage sold in pre-pack deal
One of the firms appointed to take on some of the postcode area of collapsed Palletline Logistics (Midlands) has entered a pre-pack administration.Palletline network member Task Force Movement & Storage entered administration, alongside sister firm Laplock Securities, on 5 August.Administrator PricewaterhouseCoopers (PwC) completed the sale of the firms, including the ...
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MT Article
Turnover and profit up at DHL Supply Chain and DHL Express; down at Tradeteam
DHL’s retail logistics arm DHL Supply Chain posted a rise in both turnover and pre-tax profit last year, while sister companies DHL Tradeteam and DHL Express (UK) saw declines.Pre-tax profit at DHL Supply Chain leapt by 49.5% last year to £56.8m, up from £37.9m in 2011, its financial results for ...
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MT Article
South West Delivery Services owed more than a £1m to creditors
South West Delivery Services owed almost £1.3m to creditors when it was placed into liquidation in June.Following liquidation, the operator’s business was acquired by Kay Transport, part of the Gregory Distribution group of companies, in a move that saved the majority of the workforce’s jobs.Significant creditors to the liquidated business ...
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MT Article
DPD and Hermes launch returns service for DPD customers
DPD has launched a customer returns service in conjunction with Hermes, extending the parcel carriers’ seven-year relationship.The recently-launched service will utilise Hermes’ myHermes ParcelShops network by offering DPD customers the opportunity to return unwanted goods by dropping their parcel off at convenience stores. Hermes will then collect parcels from the ...
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MT Article
Menzies Distribution launches high street deliveries business
Newspaper and magazine transport firm Menzies Distribution has revealed that it is currently in talks with high street retailers about delivering other types of freight.It has launched Menzies Logistics Solutions to utilise its 1,600-strong fleet after deliveries of print products have been made, usually between 4am and 8am every day.Menzies ...
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MT Article
CitySprint acquires Brighton-based Bullit Couriers
CitySprint has acquired Brighton-based same-day firm, Bullit Couriers, improving its access to the area.The company and its staff transferred over to CitySprint, which has so far acquired four other same-day couriers in 2013, on 30 September. A spokeswoman was unable to confirm the size of Bullit’s business.CitySprint chief executive Patrick ...
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MT Article
Europa Worldwide expands into North Africa
Europa Worldwide has launched its first regular service to and from Morocco, the first route in an expansion of its services over the next 15 months.As part of the twice-a-week service Europa will work with Moroccan haulier GR Valade.Joint MD Gren Turner said the new route provided Europa with the ...
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MT Article
City Link invests £500,000 in Southampton depot
City Link has opened a new depot in Southampton to handle increased demand for parcel collection and delivery in the area.The parcel carrier has invested £500,000 in the new 64,000ft² site on the Fareham Industrial Park, which is 30% larger than its previous depot.The increased capacity has allowed it to ...
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MT Article
Amazon Logistics plans four more regional depots
Amazon plans to open four more depots under its ‘Amazon Logistics’ business in 2014 to give it more flexibility and capacity.The online retailer hopes to open four more regional sites at undisclosed locations in the North West, South W est, the Midlands and Yorkshire, in addition to sites already operational ...
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MT Article
Analysts suggest DHL Express same-day sale will create CitySprint competitor
Analysts have said the planned sale of DHL Express’s same-day domestic business will create another major player in the market to compete with CitySprint, and is unlikely to affect DHL's profitability.Frank Proud, director at Apex Insight said the deal will see Rico Logistics, the company set to buy the ...
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MT Article
Norbert Dentressangle storage demand hints at possible economic upturn
Norbert Dentressangle has reported higher-than-usual demand for storage space within its shared user network in recent months, suggesting it could be indicative of an upturn in the economy. Although demand for storage always increases in the run-up to Christmas, the company has already seen a 30% reduction in the amount ...
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MT Article
Cold store costs impact on Reed Boardall pre-tax profit
Costs associated with the opening of a new cold store last October at Boroughbridge, Yorkshire-based food logistics specialist Reed Boardall Group had a significant effect on the firm’s pre-tax profit for the year, it has emerged. The group’s latest accounts reveal a 5.7% increase in turnover for the year ...