EV Cargo Logistics has acquired ‘specific assets and operations’ of NFT Distribution. Those core operations include primary and secondary chilled logistics services from depots at Alfreton, Amesbury, Anglesey, Bristol, Crick, Daventry, Evesham, Penrith, Rochdale and St Albans – with almost 2,000 employees moving across from NFT to EV Cargo Logistics. The successful transaction provides continuity of service for EV Cargo Logistics customer supply chains. Read more NFT Distribution up for sale as pre-tax losses mount to over £30m DHL Supply […]
The European Commission’s decision to prevent UPS from acquiring TNT Express “risks reducing competition, not increasing it”, an analyst at Transport Intelligence said. UPS has now pulled out of its multi-billion Euro plans to take over TNT Express, which the logistics analyst believes highlights the scale of the challenges the US parcel carrier faced in regard to meeting the regulatory requirements. Transport Intelligence head of consultancy Joel Ray said: “Their decision making process looks flawed, caused by a fundamental lack of […]
Chilled food distribution specialist NFT Distribution has had to adapt to a changing marketplace in the past few years.