Menzies Distribution has described its new £25m credit facility with Royal Bank of Scotland (RBS) as a milestone in its aim to become the UK’s leading national logistics partner. The new revolving credit facility runs for five years and is the first that the company has struck under the ownership of private equity firm Endless after its separation from John Menzies last year. In addition to the credit facility, RBS is also providing operational banking services. Paul McCourt, chief financial […]
Menzies Distribution has seen off the threat of strike action after making an improved pay offer to its 300 drivers and warehouse staff.
Menzies Distribution has claimed it is in advanced discussions with major retailers about extending its recently-launched high street logistics service, despite the venture still being in its early stages.
Menzies Distribution is replacing half of its 240-strong LGV fleet with 110 Euro-5 Ivecos, on hire from Ryder.