Pall-Ex Group has purchased 66 trucks from lease supplier Ryder with rapid support from Metro Bank. The deal, one of the bank’s largest asset finance deals, involved securing terms for in excess of £4m of finance at near 100% loan to value on the trucks. Kevin Buchanan, Pall-Ex Group chief executive, said: “When this opportunity […]
Bibby Supply Chain Services (previous Bibby Distibution Services) slipped back into the red before it sold its training arm System Group at the turn of the year.
Hellmann Worldwide Logistics saw revenue reduce by 5.3% last year as it battled the twin challenges of Brexit and the Covid-19 pandemic.
DX Group’s chairman Ron Series is to retire and will be replaced, with immediate effect, by Mark Hammond, following calls for his resignation by a major shareholder, the group announced today (15 November).