Kinaxia Logistics has made its eleventh haulier purchase, snapping up Fresh Freight Group (FFG) in Gateshead. The buy is Kinaxia’s first in the North East and comes after it added Manchester-based AKW Group to its ranks last month. Peter Fields, director at Kinaxia Logistics, said: “It should come as no surprise to the market that Kinaxia has broadened its reach to include the North East. “The group strategy remains to acquire successful, professionally operated, service-focused, family-owned companies and our purchase […]
The Fortec Pallet Distribution Network has made two key appointments as it looks to enhance its corporate business and image.
XPO Logistics has begun raising $3.26bn (£2.1bn) to finance its takeover of Norbert Dentressangle and for other, as yet unspecified acquisitions.
Gloucestershire-based Richard Read (Transport) is to close its transport business at the end of the month because it can no longer see a way to run it profitably.