The future of Linconshire Hazchem and Palletways Network haulier Rase Distribution has been secured after it was sold to HW Coates in Leicestershire. Rase MD Geoff Hill said Coates was the best fit for his business and with “no natural family succession” in the company he agreed to sell it in January for an undisclosed sum. Hill said: “Coates are a very credible company that I have known for years and the directors for a very long time. If I […]
Refrigerated-rental firm Petit Forestier is to buy leasing and rental provider Fraikin in a deal that will create a European player with combined sales of €1.3bn (£1.09bn).
MT Top 100 company Seafield Logistics has been placed into administration.
Tuffnells Parcels Express contributed £114m of revenue and £9.7m of operating profit to its new owner Connect Group in the year to the end of August, group chief executive Mark Cashmore has revealed.