Sharp ■ Informed ■ Challenging
23.4.18
Axis opens mobile maintenance unit
NEWS INSIDE Great deal
DHL Supply Chain to run M&S South East DC
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Strong tide
Canute reassures that it will weather the storm p6
Time to split?
Shareholder calls for Wincanton division
ALL ELECTRIC: Volvo Trucks has put the first two of its all-electric FLs into service with Swedish recycling firm Renova and general haulage company TGM. The 16-tonne FL Electric is a fully electrically powered truck for distribution, refuse collection and general haulage work in built-up areas. It has a range of up to 300km on a full charge and can be fast-charged in two hours or plugged into the mains grid, which takes up to 10 hours. Volvo Trucks president Claes Nilsson said: “We are immensely proud to present the first in a range of fully electrically powered Volvo trucks ready for regular traffic.”
Creditsafe boss warns of uncertain year as industry profit dives
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OPERATORS IN THIS ISSUE Canute .................................................p6 DHL Supply Chain ........................... p3, 12 DS Smith ..............................................p6 Eddie Stobart Logistics ........................p13 Hermes ..............................................p14 Matthew Kibble ....................................p8 Miniclipper Logistics .............................p3 Premier Logistics ................................p10 Shop Direct .........................................p12 Wincanton ...........................................p8 XPO Logistics ........................................p3
Mixed times ahead By MT team
Rachel Mainwaring, chief operating officer of credit checking service Creditsafe, has warned the transport sector that it faces an uncertain year ahead. Mainwaring issued the warning after Creditsafe’s latest Watchdog Report revealed retained profit across the broader logistics and transport sector, which road transport forms a significant part of, had bombed by 96% year on year and was just £163m in quarter one 2018. The warning came as both debt owed to and by the logistics and transport sector leapt. “It’s not plain sailing from here, but hopefully the sector can lift itself out of the slump,” she said. The warning follows a slew of road transport operators
releasing mixed performance data, with Canute Group (see page 6) suffering a tough period as Eddie Stobart Logistics (see page 13) continued to surge. A recovery in the UK steel sector combined with new contract wins helped boost Owens Group’s turnover by more than a fifth in the year to 30 June 2017. It recorded a 22% rise in turnover to £55.6m (2016: £45.4m) and a pre-tax profit rise of 15% to £2.2m (2016: £1.9m). Meanwhile, a turnaround strategy at Aspray Transport led to the next-day carrier spending almost £400,000 to tackle a “highly challenging” environment resulting in the firm recording a loss. For the year to 30 June 2017, it reported a turnover of £32.4m (2016: £49m but for an 18-month
period). It made a pre-tax loss of £378, 754 (2016: profit of £778, 711, an 18-month period). However, if exceptional items (including redundancies and investment) are stripped out, the company would have made a profit of £8,168. John Jempson & Son added more than £1m to its turnover last year, thanks to a buoyant construction market in London. The Rye, East Sussex haulier reported a turnover of £13.8m for the year to 31 October 2017, up 8% on 2016’s £12.7m. Pre-tax prof it increased to £392,000 (2016: £333,000). Chairman Jonathan Jempson told MT: “It’s been a busy year. London particularly was very busy, with goods going into the city because of the amount of building work going on.”
Axis Fleet Management has opened a new mobile maintenance division to service its UK-wide customer base. The unit will be headed up by Ian Ashman. The division will provide nationwide on-site maintenance and repair services, with the aim of improving trailer availability and up-time for customers. Axis has invested in the latest diagnostic equipment and the initial mobile maintenance vehicles are under development, with the first due to be operational within six weeks. Ashman’s role will see him co-ordinate operations to deliver an industry-leading service to UK customers. Axis MD Leigh Goodland said: “The mobile maintenance division marks another step in being the UK’s market-leading fleet management company. The investment in an in-house maintenance and repair service will give us control to ensure customers enjoy consistently high standards.”
Focus: Warehousing p14 CV Show Preview p18 MT Awards Shortlists: Haulier p24, Operational & Compliance Excellence p26, Partnership p28
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