Jersey Post has bought Portsmouth haulier Fraser Freight, after what the carrier described as one of its “most financially challenging years” to date. The postal operator said that the acquisition was a move to open new revenue streams, off the back of the declining letters market. Since 2007, Jersey Post’s letter volumes have fallen by 60%, although this has been offset by a 200% rise in packages and parcels. The operator’s chief executive Tim Brown, said: “2016 is one of […]
Devon-based Gregory Distribution has acquired the business, assets and goodwill of Oxfordshire firm Interoute Transport Services, which went into administration on 17 May.
Gregory Distribution has bought fellow South-West haulier Framptons Transport Services.