Strood, Rochester-based R Swain & Sons has delivered a boost to its special projects division with the acquisition of specialist plant and services firm Gatwick Plant. Based in Horley, Surrey, Gatwick Plant runs a 12-strong fleet of specialist vehicles including low loaders, rear-steer trailers, crane-equipped vehicles and abnormal load escorting vehicles. The family-owned firm, which serves the construction, airport and rail sectors and employs 30 staff, was acquired on 1 October for an undisclosed sum and will operate as a […]
Ripon-based Potter Group Logistics has bought York logistics firm and Palletline member House of James for an undisclosed sum. The deal, struck yesterday (16 May) boosts Potter’s turnover by 50% to £22m, adding 100,000ft² of warehousing space, 35 vehicles and 55 trailers to the fleet. Motortransport.co.uk understands that Simon Gill, MD of House of James, will remain at the combined business for at least three years in the role of commercial director. Matthew Lamb, MD of Potter’s, says: “We have […]
S&S Distribution, the Kent-based haulier snapped up by Palletline last year, recorded a pre-tax loss shortly after its purchase, newly published accounts show.
UPS and TNT Express have submitted remedies to the European Commission to address its competition concerns, extending the review period further. The submission extends the EC’s review period by 15 business days to 5 February 2013. The proposed remedies involve the sale of the business activities and its assets. UPS needs to ensure the long-term viability of these activities and the continuity of service already provided by TNT Express. In order to receive approval, the EC will market-test the remedies. […]