Telematics market leader Microlise became a PLC when it listed on the Alternative Investment Market (AIM) of the London Stock Exchange on 22 July. CEO Nadeem Raza tells MT why. The decision to list shares on the stock market is intended to support Microlise’s next stage of development, including broadening its product offering and targeting smaller operators. Microlise was founded in 1982 and was bought by a management team led by CEO Nadeem Raza, pictured, in 2008. “We have a […]
Covid-19 and Brexit has cut a swathe through the transportation and warehousing sector with just 75% of companies back up and running compared to June last year and 9.6% permanently closed.
The management team at Derby Express Couriers (Overnight) have completed a management buy-out (MBO). The Derby-based overnight courier company, which is part of the APC Overnight parcel delivery network, was sold by founding shareholder Nick Taylor to directors Lorraine Sharp and Susan Hill. “Susan and I are privileged to be able to lead the business to the next stage,” said Lorraine Sharp, who has worked at Derby Express for 12 years. “We take pride in offering a quality and reliable […]
Scania saw net sales fall across the board by 18% last year, in what it described as ‘a year like no other’.