Mergers and acquisitions (M&A) activity in the transport sector throughout the world is predicted to rise for the fourth consecutive year, according to a report from KPMG. The analysis predicts the amount raised by completed M&A transactions this year will exceed £52bn, surpassing last year’s figure of £48bn. Freight and logistics M&A activity specifically has quadrupled since 2013, according to the report. Completed transactions worth £7.2bn were recorded for the year, which rose to £31.4bn in 2015, with a further […]
Royal Mail scooped the Company of the Year accolade at the Women in Logistics (WIL) UK awards last Friday (20 September) in Solihull.
Norbert Dentressangle (ND) has won a new five-year contract with long-term customer Sabic UK Petrochemicals to provide a maintenance, repair and operational (MRO) engineering spares warehousing and stores service.
Poor exchange rates negated turnover growth in the UK division of XPO Logistics, according to the group’s 2016 figures.