Red Funnel Re-Structures Road Transport Business
New Freight Partnership Announced
Red Funnel Group has announced a strategic partnership with Isle of Wight and Hampshire based Steve Porter Transport Group with effect from 17 June 2011. Ownership of Red Funnel’s road haulage business, Red Funnel Distribution (RFD), will be transferred to Steve Porter Transport.
RFD is based in Newport and specialises in contract distribution (drop trailers), full loads, groupage and palletised services and is the Isle of Wight agent for BOC Gases. Ownership of this business, together with its employees will be transferred to Steve Porter Transport Group from 17 June 2011.
All driver-accompanied ferry freight, motor trade vehicles and parcel services will continue to be served by Red Funnel’s existing freight team, now to operate from new offices in Cowes.
Steve Porter Transport Ltd. has been established for thirty years and provides a wide range of services locally, across the UK, Europe and the rest of the world. The acquisition of Red Funnel Distribution will double its capacity in Hampshire and on the Isle of Wight, with facilities in Southampton, Portsmouth, Newport and Cowes (Head Office). In addition to core cross-Solent services, SPT operate full and part load trailer services, UK and EU pallet services, contract distribution, storage and a full range of export services. Also within the SPT Group are Technical Packing Services Ltd (design and manufacture of bespoke packing cases) and MTS Shipping Ltd (charter of bulk coasters in UK and Northern European waters).
James Fulford, Red Funnel’s CEO commented “The new partnership with Steve Porter Transport Group is designed to improve the breadth of services available to a wide range of freight customers serving the Isle of Wight via Southampton, whilst bringing tangible benefits to both companies. For existing customers, it is very much ‘business as usual’ and I am confident that RFD within the new business will continue to deliver the very high levels of service to its broad range of clients, that they have come to know and expect from many years of successful partnership in the past.”
Steve Porter, Chairman of the Steve Porter Transport Group commented “both businesses want to take advantage of over 110 years of combined business expertise on the Island and we have a unique opportunity for two highly skilled and motivated teams to provide a top quality, ‘one stop’ service. We will be working hard to maintain our friendly and approachable ethos, whilst having the resources and capacity to deal with the largest of contracts. We look forward to welcoming RFD staff into the SPTG ‘family’ and to creating something very special over the next few years.”
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