Wincanton has signed a conditional agreement to dispose of the operations of its container business to Maritime for around £1.5m. Net liabilities of approximately £1m, primarily in respect of leased fleet, will transfer to the buyer. After fees and provision for costs of separation, the group expects to report a small exceptional gain on disposal. The group said the transaction will reduce its annual revenue by approximately £60m and will lead to a small increase in the group’s underlying profit […]
Cambridgeshire-based Knowles Transport slipped into the red after operational issues at its – at that point – newly opened Wisbech DC resulted in “significant costs”.
Rail Minister opens Maritime’s new strategic rail freight interchange at SEGRO Logistics Park, East Midlands Gateway
Rail Minister Chris Heaton-Harris has officially opened Maritime’s new strategic rail freight interchange at SEGRO Logistics Park, East Midlands Gateway.
Stephen Turner, the MD of Currie European Transport, has led a successful MBO at the Dumfries-headquartered firm.