Tesco is to merge with wholesaler Booker in a £3.7bn deal that creates one of the largest own-account operations in the UK, and it is targeting cost savings of approximately £61m in its distribution and fulfillment activities. In a joint statement to investors, both parties said the merger was expected to enable opportunity for cost synergies of at least £175m, mainly in areas such as procurement and distribution. Approximately 35% of these cost savings (£61m) will come from distribution and […]
Wholesale fuels supplier Greenergy has revealed it is planning to bring more of its haulage operations in-house after an initial insourcing operation a year ago proved successful.
MAN Truck & Bus UK has purchased the HRVS Group from the Lockwood Group for an undisclosed sum.
Unite “surprised” by XPO takeover of Kuehne + Nagel UK logistics portfolio and demands workers’ pay and conditions are unaffected
The transfer of 6,000 Kuehne + Nagel workers to XPO Logistics came as a surprise to the Unite union, but it said it would work to ensure their pay and conditions remained unaffected.