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 […]
Multimodal logistics firm DFDS Logistics has acquired Grimsby-based Quayside Distribution for an undisclosed sum.
Former Norbert employee Kevin Richardson has been confirmed as CILT chief executive Steve Agg’s replacement.
Ryder Europe has completed the purchase of trailer repair and maintenance company Bullwell Trailer Solutions.