Associated British Ports Holdings PLC (ABPH), the UK’s largest port operator, today announces that it has sold Red Funnel Group, its Southampton-based ferry and towage business, to J.P. Morgan International Capital Corporation for a cash consideration of £71 million.
Read MoreUK logistics and fleet management service provider Isotrak and Finnish on-board computer manufacturer Aplicom agreed last month (Januay 2001) to use each others systems.
Read MoreMail and logistics group TPG is moving into e-fulfilment with a new dedicated £58 million e-commerce division.
Read MoreThe acquisition of American Freightways and FedEx created FedEx Freight, a $1.9 billion, less-than-truckload subsidiary that includes American Freightways and its sister operating company, Viking Freight
Read MoreTurnover of £89 m, Operating profit of £4.1 but retained earnings of only £236k
Read MoreThe Dutch postal service TNT Post Group NV (TPG) and Hermes are preparing a joint postal service, EP Europost AG & Co KG, in Germany which would be the first serious competition with blanket coverage for Deutsche Post AG, the weekly magazine WirtschaftsWoche reported, citing industry sources. EP Europost will be registered in Hannover, it said.
Read MoreD.Logistics AG is also acquiring a 60-% shareholding in PickPoint AG
Read MoreMentmore Abbey plc, the largest space management group in the UK, has announced the acquisition of British Self Storage.
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