Express Dairies: results for half year
Express Dairies: results for half year
Read MoreTag: Road Transport
Royal Mail shake up sends Hays into slide
Shares in business services group Hays have plunged to a seven-year low after a shock profits warning.
The company blamed pressure in the business post market from Allan Leighton’s revamped Royal Mail.
The shares collapsed by 203/4p to 893/4p. New chief executive Colin Matthews arrives today, facing the possibility that Hays, whose market value has dived to £1.5bn, will be kicked out of the elite FTSE 100 index.
Read MoreTNT launches trucking service in Gulf
TNT Express launched trucking services between Bahrain and Saudi Arabia as part of its services upgrade following two years of strong expansion in the Gulf, the Gulf daily News reports. The service link across the causeway is a key element of the regional investment programme, according to TNT Africa, Middle East headquarters regional operations director Tim Lorenti. “This has come about very specifically due to customer demand and will speed regional deliveries and our services to the kingdom.”
Read MoreFortec after French cash
Geodis the state-controlled French transport group. faces making a key decision on the future of its small UK subsidiary, Fortec Pallet Distribution Network. Fortec director Rod Abrahams, who joined the firm 6 months ago, will ask for the best part of £10m to develop a new pallet hub next to the exisiting depot on the A5, 3 miles west of J8 on the M1.
Read MoreMeachers wins EniChem work
Meachers Group this week announced it has won a 3 year contract with Southampton based EniChem UK to manage its stock, groupage and full load operation.
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