Kinaxia Logistics has acquired the trade and assets of KNP Logistics Group subsidiary Nelson Distribution after the group, which includes Knights of Old and Steve Porter transport, filed for administration late last week, after suffering the fall out from a major cyber attack. Nelson Distribution, which is based in Belper, Derbyshire, merged with Knights of […]
UPS and TNT Express do not now expect their multi-billion euro merger, announced in March, to be completed until early 2013. The operators had originally hoped to seal a deal in the first half of the year, but involvement from the European Commission as regulator scuppered this timetable. Last month the European Commission temporarily suspended […]
Netherlands-based Agro Merchants Group has bought Motor Transport Award winner Grocontinental for an undisclosed sum.
More than 1,300 workers at two Wilko distribution centres are in danger of losing their jobs after a bid by private equity firm M2 Capital to buy the entire company fell through this week. The two distribution centres, located in Worksop, Nottinghamshire and Magor in Newport, employ around 1,300 staff across both sites. M2 Capital’s […]