Whistl has completed its management buyout deal (MBO) from former parent company Post NL. The MBO was announced in July, when Post NL announced it would retain just 17.5% of the company, as opposed to the 100% it held until now, giving Whistl control of the remaining 82.5%. When the deal was announced, Whistl chief executive Nick Wells said it would give the company, formerly known as TNT Post, more freedom in its approach to the UK mail market. He […]
Optimism in the logistics sector is at its lowest level in 12 years, according to the latest Logistics Confidence Index, with companies citing uncertainty over Brexit and the ongoing driver shortage as key contributors to falling levels of confidence.
Family-run John Jempson & Son added more than £1m to its turnover last year, thanks to a buoyant construction market in London.