Manchester-based road transport companies AK Worthington and Global Logistics (UK) are to merge. The union will create AKW Global Logistics, with the combined business operating from a newly acquired 12-acre site on Alba Way, Trafford Park. Although the businesses will operate separately for now, the plan is to integrate them by next summer. However, the first AKW Global Logistics-branded trucks will be on the roads within weeks. Tony Worthington, chairman of the AKW Group, AK Worthington’s parent, said: “This is […]
TNT Express has confirmed that the European Commission has temporarily suspended a merger bid with rival postal company UPS. Despite the delay, which will allow the EU regulator to compile more information, TNT Express say that they “would still anticipate a closing in the fourth quarter.” A spokesman for TNT Express tells MT.co.uk: “We have been notified of what is expected to be a temporary delay in the European Commission’s review process. Suspensions are not uncommon, it’s the result of […]
Turners (Soham) saw revenues and profits increase in 2019, according to its most recent financial results.
Northumberland-based transport management software provider Mandata has acquired Returnloads.net as part of the company’s diversification plans.