BCA Marketplace, which owns WeBuyAnyCar.com, paid £16m in cash for Eddie Stobart’s automotive logistics business when it purchased it earlier this year. The acquisition of the company, previously known as Autologic, also saw Avril Palmer-Baunack – the former Stobart chairwoman and Autologic chief executive – rewarded with a bonus. Details of the sale and bonus are detailed in BCA Marketplace’s half-yearly report for the nine months to 4 October 2014. The report states that the business’ net assets were valued […]
The government’s £25bn Roads Programme is facing delays while the DfT reappraises the strategy in the light of the recent Court of Appeal ruling on plans to expand Heathrow.
Culina Group chief executive Thomas van Mourik (pictured) has slammed the government’s handling of Brexit, insisting the movement of goods between the UK and Ireland remains “a big bloody mess” that has cost operators “a boatload of money”.
Tuffnells Parcels Express contributed £114m of revenue and £9.7m of operating profit to its new owner Connect Group in the year to the end of August, group chief executive Mark Cashmore has revealed.