Renewed economic confidence and a focus on efficiencies saw an increase in the amount of mergers and acquisitions in 2014 as operators looked to strengthen, diversify and consolidate. Motortransport.co.uk takes a look back at a surprisingly strong year of M&A activity. In February, Pollock (Scotrans) acquired Blackburn-based haulier Gilbraith (TS) for an undisclosed seven figure sum, giving the Scottish operator extended reach into north-west England. April saw Essex-based freight forwarder and haulier Simarco purchase Longport-Staffordshire based IFB for an undisclosed […]
NFT Distribution recorded a pre-tax loss in the 12 months to 2 April 2016 after exceptional costs of £7.1m, although the operator said it was now well placed to prosper.
Gregory Distribution (Holdings) arrested a profit decline last year despite being “significantly impacted” by the Beast from the East.
Glass haulier Offergeld Logistik UK has added 10 Euro-5 Mercedes-Benz Actros tractor units to its fleet on a contract hire deal from Ryder.