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 […]
Mergers and acquisitions (M&A) activity in the transport sector throughout the world is predicted to rise for the fourth consecutive year, according to a report from KPMG.
Turners (Soham) has continued its drive into the container sector with the acquisition of Goldstar Transport, creating a group with a combined turnover of more than £350m.
The new owner of Clugston Distribution Services is linked to Malta-based HLD Group which bought AM Widdowson and Sons in 2015 and Crewe-based Davis Haulage in 2016.