Ryder Europe has purchased CV contract hire and fleet management specialist Euroway for an undisclosed sum. Euroway has a total fleet of 1,419 CVs, ranging from 3.5 tonners to tractor units, plus trailers. Daf is the dominant supplier to Euroway. In 2010, its combined divisions generated a combined turnover of about £22m and a pre-tax loss of circa £730,000. The acquisition means Ryder’s fleet totals nearly 25,000, comprising 10,514 trailers and 13,905 vehicles. David Hunt, vice president and MD of […]
Same day courier firm CitySprint has completed its third acquisition this year with its purchase of Enfield-based The Courier Service.
The European Commission (EC) has hit Scania with a €881m (£771m) fine after concluding that it broke EU antitrust rules.
Tuffnells Parcels Express has been acquired by newspaper and magazine distributor Connect Group for £113.4m.