Sun Capital Partners has abandoned its interest in making a bid for Clipper Logistics. Clipper executive chairman Steve Parkin, who founded the company in 1992 and owns nearly a third of its shares, was understood to be preparing a £300m bid with the Florida-based private equity firm to take Clipper off the stock market. However, following an extension to the bid deadline to allow further discussions, Sun Capital has announced it is no longer considering an offer. Sources suggest the […]
Willenhall-based express delivery firm Aspray24 has attributed a fall in profitability last year to the introduction of the Driver CPC and driver shortages.
County Antrim-based vehicle operator Woodside Haulage (Holdings) managed to boost turnover by nearly 10% in the year to the end of March 2014, its latest accounts have shown.
Some of road transport’s biggest companies could face a hit to their cash flow after the chancellor signalled he was bringing forward corporation tax deadlines forward yesterday.