Turners (Soham) has purchased Macintyre Transport, for an undisclosed sum. Suffolk-based Turners said it had been expanding its container division during the past five years, and the acquisition of Macintyre was an excellent opportunity to continue its growth in the market. Turnover at Macintyre Transport in the year to 30 April 2014 was up 11% to £24.3m (2013: £21.9m). Pre-tax profit was down 9.4% to £934,278 (2013: £1.03m) The founder and owner of the Felixstowe-based operator, Harvey Macintyre, will retire […]
Northern Ireland logistics firm Derry Refrigerated Transport has acquired Brennan Refrigerated Transport in Waterford, Ireland.
Regulatory approval for the multi-billion euro UPS and TNT Express merger is dependent on whether the new company would be challenged enough by its competitors, the European Commission has said. If the deal is approved, the number of major parcel delivery companies in Europe will be reduced from four to three, which the regulator is concerned will reduce the amount of competitive service customers will have access to. Joaquín Almunia, vice president of the European Commission, responsible for competition policy, […]