Rico has bought a majority shareholding in air freight distribution carrier Circle Express as part of a “strategic acquisition” plan. Circle Express, which has been trading through a CVA since May 2012, had an annual turnover of £29m in 2014, and runs more than 300 vehicles across eight airport-based depots. The company returned to profit in 2013 and reported a 44% increase in pre-tax profit to £194,000 in 2014 (2013: £134,000). Despite this growth, MD Tom Ryan said that the […]
BHS’s logistics supplier DHL has said it is “seeking further clarity” on the impact the closure of the retail chain could have, after administrators failed to find a buyer for the iconic high street brand.
Kitchen supplier Howdens Joinery has awarded a three-year contract to Wincanton, after ending its relationship with DHL Supply Chain earlier this year.
DHL Supply Chain has been delivering a huge uplift in online orders experienced by Debenhams this Christmas.