“It’s been a bit of a rollercoaster start,” James Wroath laughs, as he begins describing his first five months as chief executive of Wincanton. Most notably, of course, he immediately threw himself into the battle for control of Eddie Stobart Logistics, whose shares were suspended on his fourth day in the job. But he’s quick to deny claims that his interest in ESL might have been more of an intelligence gathering exercise than a serious takeover bid. “Absolutely not,” he […]
FedEx and TNT are one step closer to their merger after a joint statement from the companies said they did not expect to receive a statement of objections from the European Commission, which might have slowed or even vetoed the deal.
Manchester-based road transport companies AK Worthington and Global Logistics (UK) are to merge.