Rentokil Initial has sold City Link to turnaround investment firm Better Capital. City Link MD Dave Smith will continue to lead the company through its transformation programme, under the deal, which will see Better Capital invest in the parcel carrier. The change of ownership, which is effective as of today (29 April), will secure £40m in future funding for City Link. MD Dave Smith said: “This is great news for our customers and our colleagues. We will all benefit from […]
SDC Trailers is working “flat out” to fulfil new orders created by demand from the internet retail sector, as online shopping during the pandemic continues to grow, and by the recent demise of rival trailer manufacturer Cartwright Group.
Kuehne + Nagel Group is to sell a major part of its UK contract logistics portfolio to XPO Logistics.