2015 saw some shocks in the market; FedEx bidding for TNT Express; XPO Logistics buying Norbert Dentressangle and BCA Marketplace buying Eddie Stobart’s automotive business. But they weren’t the only acquisitions in a year packed with M&A activity. We take a look at some of the deals that changed the industry. JANUARY 2015 – DX Group acquires £1.1m of assets from City Link administrators Ernst & Young. MARCH 2015 – Ferguson Transport (Spean Bridge) – which trades as Ferguson Transport […]
Norbert Dentressangle has extended its relationship with Orange Chemicals for a further three years following a competitive tender. Under the new contract, ND has transferred the Orange Chemicals business from its tank storage facility in Dagenham to its dedicated hazardous goods warehouse and drumming plant at Acton Grange, near Warrington. ND receives up to 12 tankers per month and is responsible for the discharge of mainly solvents and glycols into bulk containers and drums. The company is also responsible for […]
The European Commission (EC) has given the green light to FedEx’s €4.4bn (£3.2bn) bid for TNT Express announced in April last year.
As 2014 draws to a close, MT.co.uk looks back at the stories you wanted to read. There were shocks, surprises and startling revalations galore in the road transport industry, but what were the ten stories that attracted the most attention? Here’s a clue: Seafield, Stobart and shortages dominated…