Logistic company Kuehne + Nagel has sold its Renault Trucks dealership RH Commercial Vehicles for an undisclosed sum, a year after it bought its parent company The RH Group for £66.9m. The new owners of the East Midlands dealership, that employs 55 people, include its current MD Nigel Baxter and general manager Paul Pearson, who becomes commercial director, as well as Neville and Peter Baxter. Last year the dealership turned over £16m from sales, parts and servicing from its head […]
European truck manufacturers have been hit with a record €2.9bn (£2.5bn) fine after they colluded for 14 years on truck pricing and on passing on the costs of compliance with emissions rules.
Kuehne + Nagel UK managing director Marcus Bennett oversaw a 43.5% jump in profitability at the 3PL during his first full year in charge of the British arm of the Swiss multinational.