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TRUCKING INDUSTRY NEWS * UK - Hanbury Davies bought out by Wincanton
Southampton,UK -Road Transport -17 January 2008: -- Leading logistics firm Wincanton has continued its buying spree with the surprise acquisition of Hanbury Davies, one the UK’s biggest container hauliers, for £25m... Wincanton has only recently ventured into the container market launching relatively operations in Alconbury and Marchwood near Southampton. However the purchase of Felixstowe-based Hanbury Davies (HD) has quickly made it one of the biggest players in the sector...* Glyn Davies sells out again, this time to Wincanton (COMMENT from Road Transport)
London,UK -Road Transport -17 Jan 2008: -- It hardly seems any time since Glyn Davies sold his original business to Securicor Omega and made him a rich man. Then he got bored with being at home all day, so he set up a second haulage business, Hanbury Davies. He merged some ailing companies created one of the most successful haulage companies in the industry. Now he has sold the company to Wincanton for £25 million... Glyn is an extremely good and sharp businessman. He monitors every day the profit of the fleet and he uses no agency drivers. His latest idea, as explained at a Motor Transport debate, is to reduce tuck speeds to reduce the amount of fuel used. The drivers did not like it but it helps counter the rising fuel prices. Hanbury Davies is one of the best operations in the country... What will Glyn do now says Biglorryblog?
* Suckling Transport scales down and boosts profit
Essex,UK -Road Transport/Motor Transport -16 January 2008: -- Suckling Transport's decision to scale down its oil tanker groupage service nationally has helped boost margins and allowed profit to rise... Managing director Peter Larner says it made the wrong decision during 2006 to push its Tankshare concept across the UK margins fell to just 1.8% as a result. Instead, the Essex-based fuel distributor concentrated on the areas it could increase profit and, for the year ending 31 March 2007, its margin rose to just under 2.5%...
Labels: trucking industry news UK
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