Polish parcel delivery firm and locker provider InPost has acquired a 30% stake in Menzies Distribution Group, with the option to take full ownership at a later stage in deal worth just under £50m. The transaction sees InPost given the option to acquire the remaining stake over the next three years. InPost will also have […]
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Hermes is adding a further 70 units to its fleet of CNG fuelled vehicles in a move to further reduce emissions. This brings the total to 160 – around 50% of the company’s core hub tractor fleet.
M&A activity in the UK logistics and supply chain management sector has fallen for the third successive quarter, after hitting a record high in Q4 2021.
Like hauliers, truck dealers are consolidating, getting bigger, and widening the range of services they offer. Dealers no longer just sell trucks; they are increasingly taking on the vehicle repair and maintenance as more operators close their fleet engineering departments and rely on dealers for their R&M and other technical support. Rygor Commercials is a […]