Pallet networks buying member hauliers is a trend the sector will “definitely see more of” in the future, say the heads of Palletline and Pall-Ex. Both networks recently bought member operators to avoid losing their services when the owners retired. Palletline earlier this month bought ABE (Ledbury), which joined the network in 1994 and covers the WR, HR, LD and part of the SY postcodes. Bournemouth Airport-based Shears Brothers and the logistics arm of Basildon, Essex-based operator Bowden Transport, which […]
VMS Fleet Management has acquired southwest-based rental, contract hire and sales business Western Truck Rental for an undisclosed sum.
Turners (Soham) has continued its drive into the container sector with the acquisition of Goldstar Transport, creating a group with a combined turnover of more than £350m.
Trading in shares in Autologic will be suspended on 9 August as Stobart Holdings, a wholly-owned subsidiary of Stobart Group, completes its acquisition of the firm. On 18 June Stobart made an offer of £12.4m- the equivalent of 20p per share – for the automotive logistics firm. Both parties had been in talks since 24 May. Stobart said at the time it wished to acquire Autologic as it could enter the automotive logistics sector in a market-leading position. It is […]