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 has bought a majority shareholding in air freight distribution carrier Circle Express as part of a “strategic acquisition” plan.
Eight road transport and logistics businesses now have an annual turnover in excess of £1bn.
More than 300 warehouse staff at DHL Supply Chain’s Westfield site in Cumbernauld, Scotland have held two 24-hour stoppages in a dispute over pay. However, around 30 HGV drivers who also backed the strikes in a ballot last month, withdrew from the action at the 11th hour after agreeing a deal with management. The warehouse staff walked out on Friday 19 and Monday 22 October after they rejected a 2% over two years pay rise offer. union leaders said an […]