Northern Ireland logistics firm Derry Refrigerated Transport has acquired Brennan Refrigerated Transport in Waterford, Ireland. The acquisition is part of expansion plans that include a £9m investment in a new 10 acre hub in Portadown in Co Armagh, with the creation of 50 new jobs. Derry Refrigerated Transport, which has 200 employees, supplies to Ireland and the UK. MD Patrick Derry said that whilst the acquisition was not driven by Brexit, it would “futureproof” the company ahead of the UK’s departure […]
TNT Express has announced the intended sale of its Dutch TNT Fashion Group operation to a consortium formed by Belgian fashion and lifestyle logistics firm Belspeed and Turkish logistics and transport conglomerate Netlog Group.
Analysts have said the planned sale of DHL Express’s same-day domestic business will create another major player in the market to compete with CitySprint, and is unlikely to affect DHL’s profitability.
Acumen Automotive Logistics has expanded its operation with the acquisition of J&A Transporters.