DX Group has acquired almost half of last-mile delivery firm Gnewt Cargo for £1.75m. DX has bought a 49.8% stake in the firm, which runs a 100-strong fleet of zero-emission vehicles for last mile multi-drop deliveries in central London. As well as running electric vans, Gnewt also has a fleet of minivans and cargocycles. DX hopes the acquisition will provide new capability to deliver for customers in the legal, financial and public sectors, and will bolster its high street and […]
Tesco is to merge with wholesaler Booker in a £3.7bn deal that creates one of the largest own-account operations in the UK, and it is targeting cost savings of approximately £61m in its distribution and fulfillment activities.
Essex-based freight forwarder and haulier Simarco has purchased Longport-Staffordshire based IFB for an undisclosed sum.
Rhenus Group has expanded its UK presence with the purchase of Palletforce member RCS Logistics.