CitySprint has snapped up London delivery firm CYC Logistics as part of its ongoing expansion strategy. The deal increases the same-day courier firm’s depot network to 40 and gives it a total courier workforce of nearly 3,000. All operations and staff will transfer over from CYC on 28 November, with integration into the network planned to take place over the coming months. CitySprint CEO Patrick Gallagher said: “Today’s acquisition, the second biggest in our history, is a major and exciting […]
NFT owner EmergeVest had made a £30m bid for pallet network Palletforce.
Pollock (Scotrans) saw turnover climb in its first financial results since its acquisition of fellow Palletways member Gilbraith (TS) last February.
The industry has welcomed the chancellor’s decision to cancel the planned September fuel duty rise, but says more still needs to be done to get the economy on the road to recovery.