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11INI CANUTE
Page 6
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Canute Haulage Group has been named the UK's 42nd fastestgrowing company in the Sunday Times Fast Track100 listing Founded in 1977 the Essex-based group employs 550 people and operates 340 vehicles. Its profits have grown by 43%a year to £7.1m in 2000.
TOOAY Two former truck drivers have netted £12m after selling Palletways, the logistics business they founded in 1994 with a £14,000 loan, to venture capital firm 31.
TOLLS SLAMMED
The government has slammed a proposal from transport adviser Lord Hirt for the widespread introduction of road tolls to reduce congestion.
BEST AM
DriveTech (UK) won the Institute of Transport Management's Fleet Award for Driver Training for the second year running.
=AC HORIZON
Drivers with CH Jones' Keyfuels cards can now use their cards across the Channel under a deal with International Diesel Service (IDS} that gives access to 37 sites across Europe.
FR NEM
The FTA is carrying out a review of freight activity though the Thames Gateway. The project is aimed at redressing the balance in London between the prosperity of the West and deprivation of the East.
COMPULSORY UQUIDATION Mac/might Services—whose shares are also owned by Frank Owens, the man behind troubled transport firms Gilbraith Transtore, Ellis J Fellows and Partrick Transport (CM18-2i1AprilY—went into voluntary and then compulsory liquidation at the end of last year. initial indicators by insolvency firm PKF suggest that the company owed Elm.