CitySprint is continuing its acquisition spree with the take-over of Southampton-based courier firm Dash-It, its third deal since the beginning of September. Dash-It currently offers services such as storage, chilled and frozen goods distribution and hazchem transport, as well as express delivery. A spokeswoman for CitySprint was unavailable to confirm the size of the business or whether these services will be continued. The deal follows the acquisition of Bullit Couriers in Brighton earlier this month, and Leeds-based UK Express Couriers […]
The chief executive of Hermes UK has admitted the company had not been as compassionate as it expected itself to be with its self-employed couriers, as a government minister called on HMRC to investigate the carrier’s zero-hours contracts.
Abbey Logistics Group has acquired the majority of the assets and customer base relating to the bulk powder transport business of Seafield Logistics.
TNT Express saw a 13% drop in EMEA operating profit in the third quarter, despite a 3,2% turnover rise, due to “challenging trading conditions in Europe”. The parcel firm, which last week received a statement of objections from the European Commission ahead of its acquisition by UPS, did not perform as well in its EMEA operations as it had during the same period in 2011, its Q3 trading results revealed. Reported operating profit margins fell from 6.4% in Q3 2011 […]