CM Downton’s deal to buy C&H (Hauliers) has created a haulage group with an annual turnover of more than £114m, and set it on the path to becoming a true 3PL. Charles Gee Group, parent company of C&H, entered administration last month after citing acute cashflow problems. Downton – MT Haulier of the Year 2012 – had a turnover of £93m in the financial year ended 30 June 2012, posting a pre-tax profit of £6.3m. C&H had a turnover of […]
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, […]
Delivery company Hermes has announced plans to open a new, purpose-built depot in Bolton this autumn.