October 2022

Better route planning the best way to cut costs, Microlise operator poll reveals

Enhanced route planning and optimisation are seen as better methods of improving efficiency and reducing costs than driver performance and safety, according to a survey of transport professionals. More than 1,000 representatives from the transport and logistics industry were asked which aspects of fleet management have the biggest impact on cost reduction and 60% said a modern approach to route planning saved them time, cut road miles and harmful emissions and removed significant operational costs. Microlise said the poll results […]

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GXO draymen call off strikes after new pay offer

Strike action among 1,000 GXO draymen has been suspended following what the Unite union described as “a much improved pay offer” by the logistics firm. The first round of strikes was due to commence on 31 October and run until Friday 4 November, but this has now been put on hold while union members are balloted on GXO’s new offer. HGV drivers at 22 GXO sites were due to stop work, which Unite claimed would cause problems for pubs and […]

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DX chairman threatened with sack as share price slumps

DX Group’s largest shareholder has called for a vote to oust its executive chairman, Ron Series, after claiming his handling of a corporate governance inquiry had “severely harmed” perceptions by investors of the company. Gatemore Capital Management (GCM) said it had served notice on DX’s board to convene an extraordinary general meeting and replace Series with Mark Hammond, currently senior independent director at Genuit Group and a former chairman of Tuffnells Parcels Express. GCM said it was “deeply disappointed” by […]

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New energy report reveals urgent need to invest in green fuels and infrastructure, government told

Greater investment in green fuels and infrastructure, including hydrogen and electric HGVs, is required to stave off an unstable freight future that threatens to destabilise our economy, according to digital freight management firm Zeus. The logistics tech start-up was responding to a report by the International Energy Agency (IEA), which said we were in the midst of a global crisis and that the world had not invested enough in energy in recent years, leaving energy systems vulnerable to the shocks […]

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Knowles Transport blames 2021 profit dip on long-term investment strategy

Significant investment by Knowles Transport in 2021 as part of a long-term growth plan dented profits, but the company still increased revenues and said it was in “an excellent place” for the future. Turnover for the year ending 31 December 2021 increased by 2.3% to £39.2m, compared to £38.4m in 2020. Pre-tax profit reduced by £1.4m to £1.1m during the period. In its business review, the Cambridgeshire haulier said it continued to generate positive results, although it acknowledged they were […]

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Staff of collapsed logistics firm set to launch legal action amid claims they were not consulted over redundancies

Former staff of Solihull-based Corporate Solutions (Logistics), which closed down earlier this month due to soaring fuel prices and a weak economy, are considering taking legal action against their employer for allegedly failing to consult with them. Morrish Solicitors in Leeds said it had been contacted by “a number of former employees” of the haulage firm who claimed that they had been made redundant without consultation and believed they could have a case. In a statement, Morrish Solicitors added: “When […]

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Haulier that was saved in pre-pack forced to close

A Stoke-based logistics firm that emerged from the pre-pack sale of an earlier haulier that had collapsed into administration has now also had to close down. Lovatt Transport & Warehousing acquired the goodwill, business and assets of Lovatt Transport for £45,000 in May 2019 after it struggled financially due to an unprofitable contract. All 24 employees transferred over in the pre-pack deal and it continued operating from the same premises in the Stoke suburb of Etruria, where it operated under […]

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Fowler Welch profits from Culina buyout despite “challenging market conditions”

Fowler Welch reported a £4.6m pre-tax profit last year as operational efficiencies increased due to it becoming an established part of the larger Culina group, it said. Turnover at the chilled storage and distribution company, for the year ending 31 December 2021 was £163.1m. In a statement signed off by the board, chief executive John Kerrigan said “challenging market conditions” had affected the business, but it was satisfied it could continue offering customers a market leading service. In April 2021, […]

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