Ripon-based Potter Group Logistics has bought York logistics firm and Palletline member House of James for an undisclosed sum. The deal, struck yesterday (16 May) boosts Potter’s turnover by 50% to £22m, adding 100,000ft² of warehousing space, 35 vehicles and 55 trailers to the fleet. Motortransport.co.uk understands that Simon Gill, MD of House of James, will remain at the combined business for at least three years in the role of commercial director. Matthew Lamb, MD of Potter’s, says: “We have […]
Ryder Europe has purchased CV contract hire and fleet management specialist Euroway for an undisclosed sum. Euroway has a total fleet of 1,419 CVs, ranging from 3.5 tonners to tractor units, plus trailers. Daf is the dominant supplier to Euroway. In 2010, its combined divisions generated a combined turnover of about £22m and a pre-tax loss of circa £730,000. The acquisition means Ryder’s fleet totals nearly 25,000, comprising 10,514 trailers and 13,905 vehicles. David Hunt, vice president and MD of […]
Palletline is on course to launch a direct trunking service from January 2014, a move that its MD Kevin Buchanan believes has the potential to evolve the decades-old pallet network model.