White glove delivery firm Panther Logistics has been acquired by US-based AIT Worldwide Logistics for an undisclosed sum. The deal will see Panther MD Colin McCarthy step down from the position with commercial director Gary McKelvey (pictured) taking on the role. The company said McCarthy will support McKelvey during “the transition”. The two firms hailed the deal as a ‘new era of investment and innovation’ for Panther and an opportunity for AIT Worldwide Logistics to strengthen its presence in the […]
UPS has acquired temperature-controlled operator Polar Speed for an undisclosed sum.
Menzies Distribution has snapped up Inverness-based AJG Parcels in a £7.5m deal that allows it to enter the e-commerce parcel market.
There are no immediate plans to phase out the Simon Gibson Transport name, new owner Groupe Charles André (GCA) has said.