European chemical transport giant Hoyer has acquired the bulk liquid division of Dutch logistics company De Rijke. The deal sees Hoyer take on 240 employees at five De Rijke offices, including its site in Preston Brook, Cheshire. Across Europe Hoyer will add to its operations: 1,500 tanker containers, 130 tractors and 300 tanker trailers and chassis. Günter-Friedrich Maas, head of the Chemilog business unit at Hoyer, said: “We will be gaining market share, particularly in our relations to and from […]
Menzies Distribution has snapped up Inverness-based AJG Parcels in a £7.5m deal that allows it to enter the e-commerce parcel market.
The European Commission’s decision to prevent UPS from acquiring TNT Express “risks reducing competition, not increasing it”, an analyst at Transport Intelligence said. UPS has now pulled out of its multi-billion Euro plans to take over TNT Express, which the logistics analyst believes highlights the scale of the challenges the US parcel carrier faced in regard to meeting the regulatory requirements. Transport Intelligence head of consultancy Joel Ray said: “Their decision making process looks flawed, caused by a fundamental lack of […]