A combination of organic growth in its same-day distribution business and the acquisition of six companies last year helped courier firm CitySprint increase its turnover. Turnover rose 11.4% to £112.6m for the year ended 31 December 2013 (2012: £101.1m), which it attributed to growth in its core same-day business and making “selective acquisitions”, including Dash-It, Bullit Couriers and Heathrow Baggage Services. Its earnings before interest, tax, depreciation and amortisation (EBITDA) increased 15.4% from £10.6m to £12.2m in the same period […]
NFT owner EmergeVest had made a £30m bid for pallet network Palletforce.
DSV has abandoned a bid to buy CEVA Logistics, citing a lukewarm reception to its revised offer as the reason for ending its interest in the Swiss multinational.
Cambridgeshire haulier Bretts Transport said it had remained largely unaffected by both Brexit and the pandemic, as it reported an increase in turnover of 1.4% on an annualised basis.