DX Group has acquired almost half of last-mile delivery firm Gnewt Cargo for £1.75m. DX has bought a 49.8% stake in the firm, which runs a 100-strong fleet of zero-emission vehicles for last mile multi-drop deliveries in central London. As well as running electric vans, Gnewt also has a fleet of minivans and cargocycles. DX hopes the acquisition will provide new capability to deliver for customers in the legal, financial and public sectors, and will bolster its high street and […]
Mergers and acquisitions (M&A) activity in the transport sector throughout the world is predicted to rise for the fourth consecutive year, according to a report from KPMG.
Yodel said it made a record 220,000 flower deliveries on Valentine’s Day, up 77% on last year.