News

Jobs at risk as Wincanton loses Suntory distribution contract to DHL

October 6, 2023 Chris Tindall

Wincanton has lost a long-standing distribution contract with Lucozade and Ribena maker Suntory, prompting concern among hundreds of staff uncertain about their future. The logistics giant has operated a transport and warehousing service for Suntory since the 1990s and currently runs out of the drinks maker’s factory in Coleford in the Forest of Dean, as […]

Alternative fuels

ElectraMeccanica pulls plug on Tevva merger deal

October 6, 2023 Chris Tindall

A deal to merge British electric lorry maker Tevva with ElectraMeccanica in the US has fallen through after the vehicle designer alleged “multiple incurable breaches”. The merger, which was only announced in August, would have enabled Tevva to scale its production to serve the UK, European and US markets and seen the Brit firm’s headquarters […]

Alternative fuels

Green Biofuels calls in administrators, less than two years after BP takes 30% stake

October 4, 2023 Carol Millett

Green Biofuels, the largest UK supplier of hydrogenated vegetable oil (HVO), has collapsed into administration, just 20 months after BP took a 30% stake in the company. Green Biofuels is understood to have suffered cashflow problems for some time and finally called in the administrators this week, appointing Lucy Winterborne, Kristopher Aspin and Alan Hudson […]

News

Hoyer set for rebrand after investment deal triggers growth plan

October 2, 2023 Tim Wallace

The Hoyer Group has announced its intention to partner with Munich-based private equity firm AUCTUS Capital Partners in a major rebranding and investment plan. Subject to the approval of the competition authorities, Hoyer said the transaction would trigger a strategic growth initiative to strengthen its global performance under the new brand name of Oxalis Logistics. […]

News

Cyber attack pushes KNP Logistics into administration with loss of 730 jobs

September 25, 2023 Carol Millett

A major ransomware attack on KNP Logistics was a key contributor to the group’s demise, administrators have revealed. According to administrators FRP Advisory, KNP Logistics Group, which includes subsidiaries Knights of Old, Nelson Distribution, Steve Porter Transport and Merlin Supply Chain Solutions, suffered a major ransomware attack in June this year. The cyber attack hit […]

Industry News

Uncertainty surrounds government phase-out dates for diesel HGVs

September 21, 2023 Chris Tindall

The phase-out dates for diesel HGVs could still change following the government’s announcement that it is to postpone its ban on the sale of new diesel and petrol cars, according to freight experts. A spokesman for Volvo Trucks said that although the government announcement did not appear to directly affect the medium and heavy truck […]

Interviews

“I wouldn’t want to be the last person standing with a whole fleet of diesel trucks…”

September 13, 2023 Tim Wallace

Saul Resnick, chief executive of DHL Supply Chain UK and Ireland, discusses the company’s latest financial results, its ‘multi-faceted’ approach to reducing emissions and why he’s critical of fleet operators still reluctant to join the industry’s journey to net zero Q: What’s your strategy to cut emissions? And are many operators only paying lip service […]