Palletline member ARR Craib has purchased fellow Scottish haulage firm McCaul Haulage for an undisclosed sum. The employees, trading assets and trade of Aberdeen-based McCaul Haulage transferred to ARR Craib today (9 February), facilitating the retirement of owner Tim McCaul. The deal includes 14 vehicles and 19 trailers (a mix of curtainsiders and flatbeds). ARR Craib said the majority of the staff would move to its Dyce depot, which already employs a workforce of 430 across its four locations nationwide. […]
UPS and TNT Express have submitted remedies to the European Commission to address its competition concerns, extending the review period further. The submission extends the EC’s review period by 15 business days to 5 February 2013. The proposed remedies involve the sale of the business activities and its assets. UPS needs to ensure the long-term viability of these activities and the continuity of service already provided by TNT Express. In order to receive approval, the EC will market-test the remedies. […]
FedEx has made an offer to acquire TNT Express, valuing the business at €4.4bn (£3.2bn), in a deal that both parties describe as having a high level of certainty.
Pall-Ex has appointed Mark Tapper as its group operations director, less than a year after predecessor Kevin Morley was placed in an equivalent position.