Rhenus Group has expanded its UK presence with the purchase of Palletforce member RCS Logistics. The deal sees the Corby-based haulier, which has an operating licence for 50 trucks and 80 trailers, become a subsidiary of Rhenus Group’s UK arm Rhenus Logistics UK. RCS Logistics directors Steve Gray and Richard Robinson will join the Rhenus Logistics UK board, and all 135 RCS Logistics employees will remain with the business. Rhenus Group has also underwritten an investment, which will see another […]
FedEx’s €4.4bn (£3.4bn) takeover of TNT Express is set to complete later this month, just over a year since the parcel giants announced the deal.
Same day courier firm CitySprint has completed its third acquisition this year with its purchase of Enfield-based The Courier Service.
SDC Trailers has been acquired by Chinese trailer manufacturer CIMC Vehicles for an undisclosed sum.