Same day courier firm CitySprint has completed its third acquisition this year with its purchase of Enfield-based The Courier Service. CitySprint has acquired its local and national customer base, staff and operations, including its fleet of small vans, Luton vans and transit vans. The acquisition is its third this year, following the acquisitions of Warrington-based Sameday UK and luggage delivery firm Heathrow Baggage Services in March. The Courier Services’ operations will increase CitySprint’s nationwide network to 37 service centres and […]
CitySprint’s series of acquisitions over the past 18 months has seen its turnover top £100m for the first time, but the same-day courier is now targeting organic growth for 2013. Pre-tax profit rose 33.6% to £10.64m (2011: £7.9m) in the year to December 31 2012 as turnover increased 36.1% to £101.1m (2011: £74.3m). This is partly due to the fact that 2012 was the first full year in which the firm incorporated activities from the acquisition of Lewis Day in […]
The decision to build a third runway at Heathrow Airport has been tentatively welcomed by the industry.
The RHA has demanded that Heathrow Airport update its freight movement facilities “as a matter of urgency”, following complaints of congestion and delay accessing the west London site.