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 […]
VMS Fleet Management has acquired southwest-based rental, contract hire and sales business Western Truck Rental for an undisclosed sum.
Stobart is still restructuring the former Innovate business it acquired out of administration in 2008 – a process that has been “more challenging, costly and further reaching than first planned”. The admission came as Stobart Group revealed profit rose 10% at its transport and distribution division (Eddie Stobart) to £14.2m in the first six months ended 31 August. This was despite a 5.6% fall in turnover to £251.1m. “We have improved our margins in [Eddie Stobart] through more effective financial […]
DHL is “disappointed” that warehouse workers at its Thurrock site have voted to strike on 5 June in a dispute over pay and employment conditions.