The Anderson Group is mulling whether to close down two of its haulage operations – Sam Anderson (Newhouse) and T McMillan Transport – as it begins to make redundancies at both firms. The group, which is based at Motherwell in Lanarkshire, said this week that the low profitability of both haulage companies, combined with the impact of the Covid-19 pandemic on the economy had triggered its decision to cut jobs. Sam Anderson (Newhouse) specialises in container transportation – a sector […]
The transport and logistics sector is set for a flurry of mergers and acquisitions this year, according to advisory firm KPMG, following a year of subdued activity in 2011. Steffen Wagner, European head of transport transactions at KPMG, says: “This year certainly took off to a promising start. Many companies, particularly in the logistics segment, are sitting on full coffers and are ready for increased strategic acquisitions.” He adds that any activity will rely on three main factors: GDP development […]
More than a third of hauliers (35%) have felt an effect from Britain’s decision to quit the EU, according to a new survey.
NV Transport in Chichester has entered liquidation with the loss of 50 jobs.