DSV has abandoned a bid to buy CEVA Logistics, citing a lukewarm reception to its revised offer as the reason for ending its interest in the Swiss multinational. In the UK both companies are listed in Motor Transport’s Top 100 of the largest road transport companies. CEVA Logistics was 15th in last year’s list with an annual turnover of £394.5m, while DSV Road was 27th in the list of the Top 100 companies with an annual turnover of £180.7m. In […]
Widnes-based Sutton Group has acquired Imperial Tankers, the bulk chemical transport arm of Hargreaves, creating a single bulk tanker fleet of some 700 units with a combined turnover of approximately £114m from UK operations alone.
Xpediator has defied the Covid-19 pandemic to deliver an 18% rise in pre-tax profits this year, according to the company’s latest trading update.