Heathrow-based courier Crossflight has acquired the operations of North London firm DDI Worldwide as part of its expansion strategy. As of today (7 January), Crossflight will run DDI’s express courier, UK overnight and mail services out of its headquarters in Heathrow. Crossflight said the move will be seamless for all of DDI’s customers and the combined company will operate under the Crossflight brand. Crossflight MD Richard Stoughton said: “This important acquisition not only allows us to grow our business further, […]
DPD has restarted parcel deliveries to Europe after suspending the service last week.
Kinaxia’s acquisition of AKW Group and Fresh Freight helped deliver a 48% rise in revenues in 2019, but the group’s continuing acquisition drive and IT investments contributed to a loss of £1.8m in the period.
Puro Ventures, which trades as Speedy Freight, has undergone a management buyout which sees its founders leave the business and Eddie Stobart holding company GreenWhiteStar Acquisitions (GWSA) sell its remaining 20% shareholding in the company.