Gregory Distribution (Holdings)’s largest purchase to date, ARR Craib Transport, creates a £200m-plus turnover group, but it was the Scottish haulier’s regional focus that made the deal so attractive. Speaking to MT, John Gregory, MD of Gregory Distribution, said the purchase had been in the pipeline since ARR Craib’s chief executive Eddie Anderson appointed a representative to market the business in the fourth quarter of last year. Gregory was instantly interested. “I like its regionality, its strong presence in specialist […]
FedEx’s €4.4bn (£3.4bn) takeover of TNT Express is set to complete later this month, just over a year since the parcel giants announced the deal.
TNT Express chief executive Marie-Christine Lombard has resigned, ahead of the parcel company’s acquisition by UPS. Chief financial officer (CFO) Bernard Bot will take over her position as interim CEO at the end of September, when Lombard leaves the company to pursue another career. “It is regrettable that Marie-Christine has decided to leave TNT Express now. We thank Marie-Christine for her contributions and wish her well for the future,” said Antony Burgmans, chairman of the supervisory board at TNT Express. […]
Peterborough haulage firm Bison Transport Group is under new ownership after it was snapped up by entrepreneur Andy Scott.