Rico has bought a majority shareholding in air freight distribution carrier Circle Express as part of a “strategic acquisition” plan. Circle Express, which has been trading through a CVA since May 2012, had an annual turnover of £29m in 2014, and runs more than 300 vehicles across eight airport-based depots. The company returned to profit in 2013 and reported a 44% increase in pre-tax profit to £194,000 in 2014 (2013: £134,000). Despite this growth, MD Tom Ryan said that the […]
DHL Supply Chain has won a two year extension to its NHS Supply Chain contract and has been set a target to deliver £300m of savings by October 2018, operating in a more transparent manner.
Tesco is re-tendering its transport operation after the announcement it would close two DCs and move some of its warehouse operations in-house.
Asda has taken delivery of 253 Scanias for its base, chilled and petroleum fleets – cementing a 23-year-old relationship between the retailer and manufacturer.