Driver Require has today released an entirely updated and consolidated report which investigates how the Lockdown has affected our industry; it is essentially a “Road Map”, to provide a clearer understanding of how COVID-19 has affected and will continue to affect the sector for many years to come. But it’s… Read more »
Eddie Stobart Logistics hit by losses of £239 million
Despite an increased revenue of 9.7%, losses at Eddie Stobart Logistics stretched to more than £200 million as the group published details of its financial performance during 2019. During the financial year in 2019, Eddie Stobart made a pre-tax loss of £238.9m, compared to the restated pre-tax loss of £22.3m… Read more »
Scottish Transport group on the road to success with £9m Group funding deal
Bibby Financial Services (BFS) has provided a £9m Group funding facility to support the re-finance of Currie European Transport Ltd, a transport and storage solutions group made up of 7 trading companies across Scotland, England, the Netherlands and France. The group, which is headquartered in Dumfries, Scotland, is using the… Read more »
M&H Carriers owner hands over reins after 30 years
Magnus Slater, who grew his 30-year-old distribution company from a car and trailer to a fleet of over 100 lorries and trucks, is preparing to hand over the reins of M&H Carriers to new Managing Director, Fraser Maclean. The Aberdeen based logistics company was created by Magnus and his then-wife… Read more »
Green policies must be sustainable – RHA reaction to Committee on Climate Change report
The RHA has responded to Thursday’s report published by the Committee on Climate Change (CCC) – Reducing UK emissions: 2020 Progress Report to Parliament. RHA chief executive, Richard Burnett said: Thursday’s “report from the Committee on Climate Change features laudable aims to address our environmental challenges. These must now be set… Read more »
SABIC awards Abbey Logistics plastics distribution contract
Abbey Logistics has added another major plastics producer to its growing list of customers in the plastics sector. The company has secured a bulk polymer distribution contract with Saudi Basic Industries Corporation (SABIC) Europe, one of the leading plastics manufacturers in the world. The contract will see Abbey providing bulk… Read more »
Tougher London Congestion Charge a tax on deliveries, says FTA
In response to the announcement made Tuesday (16th January) that the operating hours of the London Congestion Charge will increase significantly from 22 June 2020 and logistics businesses will face a significant hike in the charge, Natalie Chapman, Head of Urban Policy at FTA, comments: “Logistics businesses have been working… Read more »
Wickes extends Wincanton kitchen and bathroom home delivery contract to South West Peninsular
Wincanton has extended its relationship with home improvement retailer Wickes, by winning a further contract to carry out home delivery for its showroom kitchen and bathroom products across Devon and Cornwall, from April 2020. The extended partnership follows Wickes’ successful transition to Wincanton from its own in-house operation in December… Read more »
Culina Group acquires Fowler Welch for £98 million
Fowler Welch (a temperature-controlled logistics division of Dart Group) has been sold to Culina Group for £98 million. Dart Group said that the sale would enable Fowler Welch to “continue to flourish and grow profitably under new ownership”. The sale includes Fowler Welch’s 50% share in fruit ripening and packing business… Read more »
Hauliers hailed as hidden white knights during pandemic
Often hailed as the lifeblood of the UK economy, it is no secret that the transport and logistics sector has played a vital role during the Covid-19 pandemic. By ensuring that essential goods have continued to move freely throughout the country, British transport companies have played a key part in… Read more »
