TNT Express has announced the intended sale of its Dutch TNT Fashion Group operation to a consortium formed by Belgian fashion and lifestyle logistics firm Belspeed and Turkish logistics and transport conglomerate Netlog Group. The sale of 100% of the shares in TNT Fashion Group BV, which should be completed by the end of June subject to regulatory approval, reflects TNT Express’s “strategy to focus on core activities”, a company statement said. The change of ownership will not affect TNT […]
2016 saw the UK vote to leave the EU, Donald Trump preparing to move into his new house across the pond, and Sadiq Khan introduce unprecedented safety measures for operators working in London. But these headlines aside, 2016 has still been a busy year for the road transport sector. As we approach the end of the hugely eventful 2016, the MT team discuss the year’s key events, Brexit aside, and the things to look out for in the coming months. […]
Cathay Investments has acquired Cardiff-based logistics and warehousing firm Rhys Davies and Sons for an undisclosed sum.
Gefco UK has renewed its three year contract with Honda Motor Europe Logistics, the sister arm of Honda.