Pallet networks buying member hauliers is a trend the sector will “definitely see more of” in the future, say the heads of Palletline and Pall-Ex. Both networks recently bought member operators to avoid losing their services when the owners retired. Palletline earlier this month bought ABE (Ledbury), which joined the network in 1994 and covers the WR, HR, LD and part of the SY postcodes. Bournemouth Airport-based Shears Brothers and the logistics arm of Basildon, Essex-based operator Bowden Transport, which […]
Investment firm Kinaxia is on the hunt for further acquisitions following the purchase of Palletline member Panic Transport (Contracts).
Aberdeen-based ARR Craib Transport has said that the falling price of oil in 2014 did not stop its growth last year, as it leaned on food and drink and construction and building customers. In the year-ending 31 March 2015 turnover rose to £52.8, from £46.1m in the previous year, while pre-tax profit was flat at £1.69m.
Parcel carrier CitySprint saw delivery volumes drop in London during the Games. The company, which handles B2B and consumer deliveries, made 75,000 deliveries to London postcodes during the Games. This was a 12% drop in volume compared with the 16 days proceeding the event (23 June to 7 July). Patrick Gallagher, chief executive of CitySprint, suggests the threat of traffic and congestion, as well as more people working from home during the period, likely reduced demand for couriers. However, the […]