Zenith has brought all its CV operations together under the Zenith Commercial brand, following last year’s acquisition of various Cartwright businesses. Zenith Commercial comprises the existing legal entities Contract Vehicles and Contract Vehicles Fleet Services which will both now trade as Zenith Commercial Fleet Solutions, and Contract Vehicles Rentals which will trade as Zenith Trailer Rentals. Together the businesses comprise the commercial vehicle division of Zenith under the management of an executive board led by Martin Jenkins (pictured). Jenkins, Zenith […]
Glasgow-based Monarch Transport is under new ownership after the completion of a management buyout (MBO) at the firm.
The Pallet Network (TPN) continued to thrive in its first full year after being acquired by Eddie Stobart Logistics (ESL), according to its latest annual results.
TNT said it is more certain about its future after the collapse of its multi-billion euro acquisition by UPS last week, despite analysts warning that the industry giant needs to “work out what is going on”. UPS pulled the plug on the €5.16bn (£4.31bn) deal after it became clear that the European Commission (EC) would veto the acquisition, which had been bogged down in EC red tape for the past 10 months, due to competition concerns. UPS said it was […]