Abbey Logistics Group has acquired the majority of the assets and customer base relating to the bulk powder transport business of Seafield Logistics. Seafield Logistics is a major player in the UK bulk powder transport market, with significant contracts in food and non-food markets. It ranked 55 in Motor Transport’s Top 100 operators for 2013, with turnover of £41.3m for the 18-month period between 1 July 2011 and 31 December 2012, when it also posted a pre-tax loss of £362,000. Steve […]
UPS has pulled out of its multi-billion Euro bid to take over TNT Express, almost a year after it first entered into talks with the parcel firm. It hoped the merger would create a €45bn (£37.4bn) logistics giant, increasing the US firm’s presence in the European market. However on Friday (11 January), the European Commission (EC) told both parties that it planned to prohibit the merger. MT.co.uk looks at how the story developed over the year. The merger process began […]
German rail and logistics giant DB Schenker Logistics has purchased Redhead International
Welsh quarrying and haulage group GD Harries (GDH) is to be sold to construction materials company SigmaRoc.