VW has extended its reach into the US truck manufacturing market after signing off on a $3.7bn deal for its heavy-truck unit Traton to acquire Navistar International. Navistar, the maker of International branded trucks, is a major player in North America. The deal will allow Traton, which makes Scania and MAN vehicles, to expand beyond sales in Europe and Latin America and lay down a global challenge to rivals Daimler and Volvo. VW will provide Traton with a 12-18-month loan […]
Eurotunnel’s freight traffic volumes remained almost static in the Q3 2015, despite a summer of troubles in the port of Calais and further reports of “desperate” migrant activity in past days.
The transition from Norbert Dentressangle to XPO Logistics in 2015 saw the 3PL make strong turnover gains across its three primarily road transport based activities in the UK.
Knowles Transport turned in a strong performance last year, with significant increases in revenue and profits – and its MD said he remains cautiously optimistic about the future.