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 […]
Yodel has appointed Neil Lloyd as chief executive, following the departure of Jonathan Smith in January.
Gregory Distribution is looking to the future with the appointment of a new MD, the expansion of its apprenticeship training programme and the opening of a new depot.
C Butt Logistics has remained in profit for the second year running after turning its back on the retail logistics sector.