German rail and logistics giant DB Schenker Logistics has purchased Redhead International The purchase, for an undisclosed sum of the Motor Transport Top 100 operator, expands DB Schenker’s land transport operations in the UK. It will however see the DB Schenker Logistics name replaced by the Redhead International banner within the UK as part of a ‘reverse integration’, with Redhead’s management team leading the enlarged business. Parent group Schenker AG, which is the logistics arm of Deutsche Bahn, expects to […]
DSV has acquired Dartford-based freight forwarder SBS Worldwide Holdings for an undisclosed sum.
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 […]