Gregory Distribution Limited snapped up the business, assets and goodwill of collapsed Oxfordshire firm Interoute Transport Services for just £75,000, according to the firm’s administrators. In a progress report, published last month, Quantuma adminstrators Carl Jackson and Kelly Mitchell stated that following their appointment on 17 May 2013 they closed the loss making transport side of the business with immediate effect, making all drivers redundant. However, the warehouse was kept running on a reduced basis, and a transport manager retained […]
Nottinghamshire’s B Taylor & Sons Transport has joined the Fortec pallet network after being inundated with volumes at Pall-Ex and TPN.
Renewed economic confidence and a focus on efficiencies saw an increase in the amount of mergers and acquisitions in 2014 as operators looked to strengthen, diversify and consolidate. Motortransport.co.uk takes a look back at a surprisingly strong year of M&A activity. In February, Pollock (Scotrans) acquired Blackburn-based haulier Gilbraith (TS) for an undisclosed seven figure sum, giving the Scottish operator extended reach into north-west England. April saw Essex-based freight forwarder and haulier Simarco purchase Longport-Staffordshire based IFB for an undisclosed […]
Pall-Ex says it has had successful start to its new night-time delivery service in the capital, with 4% of the pallet network’s London’s volumes already migrated to the new service within the first week of operation. The overnight service, which covers all postcodes affected by Olympics delivery restrictions, delivers to customers between 6pm and 6am, with take-up from some of the capital’s major high street brands and businesses. Pall-Ex MD Adrian Russell says: “This new service has already made a […]