Eight road transport and logistics businesses now have an annual turnover in excess of £1bn. They are: Royal Mail; DHL; XPO Logistics; FedEx Corporation (comprising FedEx and TNT); DPD Group UK; UPS; Wincanton and Menzies Distribution. The billionaires dominate the Motor Transport Top 100. Collectively they are responsible for 71% of all people employed by the Top 100 businesses in road transport, 63% of all turnover and 70% of all pre-tax profit generated. Kuehne + Nagel; Hermes; Eddie Stobart and […]
Global logistics provider DSV is to acquire Swiss rival Panalpina in a £3.51bn deal that will create the world’s fourth largest logistics company behind Deutsche Post DHL, Kuehne+Nagel and DB Schenker.
Wincanton has written to Eddie Stobart Logistics’ (ESL) employees on the Aggregate Industries’ Concrete Products Division contract ahead of the switch in contractor, Motortransport.co.uk can exclusively reveal.
Growth in parcels revenue failed to offset the continuing decline in letter volumes in the first nine months of its financial year, Royal Mail said today.