BCA Marketplace has restructured its supply chain operations following its acquisitions of Paragon Automotive and car preparation firm Ambrosetti last year. The new structure sees BCA run four different business units, with BCA Automotive handling multiple vehicle logistics and BCA Logistics providing single vehicle movements. BCA Fleet Solutions will handle defleet and refurbuishment services, while BCA Vehicle Services provides services for new fleets. It claims that the combined operations creates “the largest fleet of vehicle transporters in the UK” with over […]
UPS is set to acquire TNT Express NV in a deal that will create a €45bn (£37.4bn) global logistics firm. The deal values the Dutch firm at approximately €5.16bn, following its increased offer of €9.50 per ordinary share. UPS says that in acquiring TNT it will fulfill its long-standing aim to expand its European operations. According to the Motor Transport Top 100 the combined business will generate a UK turnover of approximately£1.3bn – placing it level with Wincanton as the […]
APC Overnight is to hold a recruitment open day for former City Link staff tomorrow (6 January).
The transport and logistics sector is set for a flurry of mergers and acquisitions this year, according to advisory firm KPMG, following a year of subdued activity in 2011. Steffen Wagner, European head of transport transactions at KPMG, says: “This year certainly took off to a promising start. Many companies, particularly in the logistics segment, are sitting on full coffers and are ready for increased strategic acquisitions.” He adds that any activity will rely on three main factors: GDP development […]