Eastleigh, Hampshire-based Lambert Brothers has been acquired by Kinaxia Logistics, an investment company that also acquired Snetterton, Norfolk-based Foulger Transport last month. Lambert Brothers, which is a Palletline member, follows in the footstep of Bay Freight, William Kirk (2013) and NC Cammack & Sons (2013), as well as Foulger Transport, in being acquired by Kinaxia. Clive Watkins, MD at Lambert Brothers,who will continue in his role, said the message following the deal was that it was “business as usual”. “Kinaxia […]
DHL Express has revealed that it intends to sell its same-day domestic business to technology distributor Rico Logistics later this month, as it continues to focus on the international express market.
WH Bowker has bought the warehousing and transport operations at five sites belonging to Potter Logistics for an undisclosed sum.
By the time the Beast from the East had done its damage and spring was finally making itself known, official figures showed that there had been 574 insolvencies in UK logistics during the first three months of 2018.