Rico Logistics has told MotorTransport.co.uk that further acquisitions are on the cards, after its integration of the DHL Express Same-Day courier business it bought last November. The DHL deal marked the first-ever acquisition for field service logistics specialist Rico, and catapulted company turnover from around £50m to £85m. Keith Whitehead, head of strategic development at Rico, told MT that the integration of DHL Same-Day went “very well” considering the size of the operation and the timescale involved to integrate the […]
Rico Group’s new MD Paul Parrish is expecting to double turnover within five years through an ambitious European expansion strategy.
DHL Supply Chain has secured a five-year contract to manage the warehousing and distribution of aftermarket parts for Volvo Cars.
FedEx said it “remains confident” about its proposed takeover of TNT Express despite the European Commission launching what it termed an “in-depth investigation” into the planned acquisition.