R Swain & Sons has continued its acquisition spree with the purchase of Express Freight Services (Birmingham) this year, newly published accounts reveal. The acquisition emerged in the directors’ review of the business in the company’s annual results, which cover the year to 31 December and also detail major change in the boardroom. Although R Swain has declined to name the acquired business, Companies House show that it became the majority shareholder in Tilbury-based Express Freight Services (Birmingham) in June […]
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. […]
Pall-Ex has purchased the pallet distribution business of Surrey-based member Cranleigh Freight Services.
Hargreaves Services has said that its transport division saw a 7.6% rise in turnover in the year-ending 31 May, as it benefited from strong dry bulk volumes.