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 […]
XPO Logistics has renewed its contract with packaging company Sealed Air Corporation, after more than 10 years of working with the company.
Kettering Borough Council has launched an investigation into a fatal accident at a Great Bear Distribution warehouse in Northamptonshire earlier this month.
Menzies Distribution has bought Scottish parcels carrier Oban Express to boost its service offering in remote locations.