Stan Robinson said it had enjoyed “another successful year” after its latest financial results showed the haulier generated revenues of £26.7m. Turnover during the year ending 31 May 2023 increased by 0.6% compared to 2022, although the company acknowledged that the increase was down to it successfully passing on costs as a result of its […]
Temperature-controlled distribution specialist JS Davidson has appointed David Davidson as its new operations director – a brand new role for the company. The son of MD John Davidson, the role will involve him overseeing the day-to-day operations, whilst also refining and enhancing the company’s processes. He previously spent 23 years in the military, serving tours […]
A new cohort of qualified truck technicians was welcomed to the Mercedes-Benz UK dealer network last month, with a rallying call from its MD that the candidates represented “the future” of the company. The 55 attendees of the truck maker’s graduation day celebration were told by Heiko Selzam how he had once been in their […]
Electric lorry maker Tevva vowed to “emerge even stronger” following the collapse of a planned merger with ElectraMeccanica, after the US firm alleged incurable breaches. The deal, which would have enabled Tevva to scale up its production in the UK, European and US markets, fell through earlier this month when ElectraMeccanica announced it had terminated […]
DP World said its first tenants at the London Gateway Logistics Park, part of the Thames Freeport, were Belgian catering business Ranson and audio and video importer Destiny Entertainments. The Freeport is intended to stimulate trade, drive innovation and support energy transition, through tax breaks. Both companies will move to the site in Q1 2024. […]
Latest figures from Pallet-Track showed that the network made a pre-tax profit of £4.7m last year, down from almost £7m in 2021. Revenues also slipped by £2.3m to £132m from almost £134m the year before. However, Pallet-Track said its hub revenues grew by 3% during the period, primarily due to an increase in hub transshipment […]
The administrator for a Somerset haulage firm is trying to rescue the business through a company voluntary arrangement (CVA) after a review of its financial position showed that it was still solvent. Insolvency practitioners at Leonard Curtis said S C Lyons Haulage had “strong outgoing cumulative net cash flow projections” and was solvent on a […]
A further 600 HGV drivers will be trained up via the skills bootcamp campaign after the Driver Academy Group (DAG) won an extended contract with the government. The additional places are available for unemployed individuals or those looking to change careers across England. The flexible, 16-week courses were first launched in December 2021 in an […]
Haulage and plant hire company Fox Brothers has received a £70m funding package from two banks to increase its fleet and pursue acquisition opportunities. NatWest and HSBC UK have provided the asset-based lending (ABL) facility to the North West business to enable it to ‘future proof’ its position in the sector. Paul Fox, chief executive […]
GE-BE Transport has opened its new 435,600sq ft Swaffham HQ, which it said paved the way for the Norfolk firm’s future growth. The £5m facility accommodates GE-BE’s fleet of over 70 trucks and 100 trailers as well as its 100-strong workforce and it also provides warehousing, pick and pack and undercover docking areas for the […]