Currie Solutions has bought PS Ridgway of Dundee for an undisclosed sum. In a statement the acquirer said that “the business will be merged with the Currie group and brings several key benefits to both businesses. “Increased revenues, enhanced geographical footprint, traffic synergies and wider pallet network opportunities which in return will continue to improve the services we offer our customers”. The Palletways member has combined O-licences authorising up to 48 vehicles and 78 trailers, and 50,000sq ft of warehousing […]
UPS has pulled out of its multi-billion Euro bid to take over TNT Express, almost a year after it first entered into talks with the parcel firm. It hoped the merger would create a €45bn (£37.4bn) logistics giant, increasing the US firm’s presence in the European market. However on Friday (11 January), the European Commission (EC) told both parties that it planned to prohibit the merger. MT.co.uk looks at how the story developed over the year. The merger process began […]
Currie Solutions has added its biggest batch of Mercedes-Benz Trucks to its fleet to date, with the purchase of 10 new Actros tractor units in the company’s new livery.