Pentalver is to be acquired by United States-based rail freight company Genesse & Wyoming (G&W) for an undisclosed sum. The deal will see G&W, which also owns multimodal operator Freightliner, acquire the container haulier from parent APM Terminals in the first quarter of 2017, subject to closing conditions being fulfilled. G&W said the deal will allow it to boost its service in the UK by utilising both Pentalver’s 150-strong fleet and Freightliner’s fleet of approximately 250 trucks, which the latter […]
Pentalver Transport owner Genesee & Wyoming (G&W) is being acquired by Brookfield Infrastructure Partners in deal valued at $8.4bn (£6.6bn).
UPS is to build a £120m package sorting and delivery facility at DP World’s London Gateway.
The collapse of Deben Transport highlights the urgent need to address the poor rates plaguing the container haulage market, the boss of Pentalver has said.