Menzies Distribution has snapped up Inverness-based AJG Parcels in a £7.5m deal that allows it to enter the e-commerce parcel market. The logistics firm said the purchase would also help it appeal to companies seeking cost-efficient deliveries to the North and rural West of Scotland. According to Menzies, AJG Parcels began 20 years ago and now employs 140 staff making around 9,000 deliveries and 800 pick-ups every day. It said the acquisition would “unlock the potential of the business in […]
UPS is to trial 35 electric trucks across London and Paris, which will be built by UK technology firm Arrival.
In November, City Link’s parent Rentokil revealed the express parcels firm had recorded a loss for the first nine months of the year of £24m, albeit £1m less than that posted in the same period of 2011 on revenue up £7m to £225m. Nevertheless Rentokil chief executive Alan Brown reaffirmed his faith in the management team City Link MD Dave Smith has assembled – largely from former colleagues from Royal Mail – and the latest three year recovery plan that […]
WH Bowker has bought the warehousing and transport operations at five sites belonging to Potter Logistics for an undisclosed sum.