Kinaxia Logistics has appointed Simon Hobbs to the newly-created role of group chief executive. Hobbs has previously held senior positions with Kuehne + Nagel, CEVA Logistics and DHL. The group has enjoyed ‘significant and continued growth’ over recent years, with annual revenues now topping £200m. Commenting on the move, Kinaxia Group founders Graham Norfolk and Peter Fields said: “In line with our recent growth and increase in scale and complexity, we have reviewed our management structure and created a new […]
Investment firm Kinaxia is on the hunt for further acquisitions following the purchase of Palletline member Panic Transport (Contracts).
Panic Transport has been officially unveiled as a member of Palletforce, making it the fifth Kinaxia Logistics-owned haulier within the pallet network.
BC Transport owed almost £1.5m when it was placed into administration earlier this month, and unsecured creditors are unlikely to recover any money despite the subsequent sale of the business.