Ryder Europe has completed the purchase of trailer repair and maintenance company Bullwell Trailer Solutions. Bullwell provides nationwide mobile trailer repair and maintenance services from a central location in Lichfield, Staffordshire. It will continue to operate as it has been prior to the deal, complementing Ryder’s own trailer service. David Hunt, vice-president and MD of Ryder Europe, said: “Ryder is constantly looking at how it can strengthen the business to better serve customers. “We presently operate one of the largest […]
Stobart is still restructuring the former Innovate business it acquired out of administration in 2008 – a process that has been “more challenging, costly and further reaching than first planned”. The admission came as Stobart Group revealed profit rose 10% at its transport and distribution division (Eddie Stobart) to £14.2m in the first six months ended 31 August. This was despite a 5.6% fall in turnover to £251.1m. “We have improved our margins in [Eddie Stobart] through more effective financial […]
Acumen Automotive Logistics has expanded its operation with the acquisition of J&A Transporters.
UPS and TNT Express have submitted remedies to the European Commission to address its competition concerns, extending the review period further. The submission extends the EC’s review period by 15 business days to 5 February 2013. The proposed remedies involve the sale of the business activities and its assets. UPS needs to ensure the long-term viability of these activities and the continuity of service already provided by TNT Express. In order to receive approval, the EC will market-test the remedies. […]