Investment firm Kinaxia is on the hunt for further acquisitions following the purchase of Palletline member Panic Transport (Contracts).
DX Group’s largest shareholder has slammed the proposed acquisition of John Menzies Distribution, deeming it a bad deal for shareholders, an attempt to distract from “terrible” operating results and a “face saving exercise for the DX board”.
DX Group’s pre-tax profit crashed 75% year-on-year in the six months ending 31 December 2016, it revealed today.
Palletways has become the first in the pallet network sector to offer its customers two-hour delivery windows.
The DVSA’s flagship earned recognition programme will not be launched until 2018, its chief executive has confirmed.
Bibby Distribution has bought five new custom-designed powder tankers in a bid to cut the cost of transporting food and ingredients.
DX Group has announced a major new contract with Avon UK a week after plummeting share prices prompted its largest shareholder to call for the removal of two board members.
Wincanton has published details of its Britvic contract win, revealed by Motortransport.co.uk last month.
Expect Distribution is to take delivery of 18 more trailers from Ryder.
Fuel efficiency increases from its Euro-6 fleet boosted CM Downton’s pre-tax profit last year.