Hong Kong-based private equity firm EmergeVest is working with a financial advisor to look at the possibility of selling its UK subsidiary EV Cargo, following a surge in investor demand in the logistics sector, according to sources. The review could lead to a sale or an initial public offering (IPO) of the business, and could be valued at over £1.11bn, the sources told US news channel Bloomberg recently. EmergeVest is also considering potential listing venues for EV Cargo, including London […]
Transaid, the international transport charity, said it had secured vital funding to help protect supply chain workers in Zambia from exposure to Covid-19.
Meachers Global Logistics has acquired fellow Hampshire operator AFS Haulage in a move that it believes will boost its international transport services.
MAN Truck & Bus UK has purchased the HRVS Group from the Lockwood Group for an undisclosed sum.