Menzies Distribution has snapped up Inverness-based AJG Parcels in a £7.5m deal that allows it to enter the e-commerce parcel market. The logistics firm said the purchase would also help it appeal to companies seeking cost-efficient deliveries to the North and rural West of Scotland. According to Menzies, AJG Parcels began 20 years ago and now employs 140 staff making around 9,000 deliveries and 800 pick-ups every day. It said the acquisition would “unlock the potential of the business in […]
As many as 2,000 Whistl employees in the UK are facing the threat of redundancy, after the company took the decision to suspend its final mile delivery service.
Trading in shares in Autologic will be suspended on 9 August as Stobart Holdings, a wholly-owned subsidiary of Stobart Group, completes its acquisition of the firm. On 18 June Stobart made an offer of £12.4m- the equivalent of 20p per share – for the automotive logistics firm. Both parties had been in talks since 24 May. Stobart said at the time it wished to acquire Autologic as it could enter the automotive logistics sector in a market-leading position. It is […]
DPD has launched a customer returns service in conjunction with Hermes, extending the parcel carriers’ seven-year relationship.