Buyout at Palletways
Palletways, the UK specialist in the express distribution of small consignments of palletised freight, has achieved a management buy-out with the support of a €9 million investment from 3i, the venture capital company.
Read MoreTag: Road Transport
Extra care by Nightspeed
An increase in demand from its customers has prompted Nightspeed to intriduce Printspeed, a tailored service which claims to ensure damage free delivery of fragile sales and marketing print goods.
David Hughes, Printspeed manager, says: We are able to add to our former delivery-only service by completing fulfilment, labelling and despatch needs as well – its one-stop shopping really.
The service which creates 50 new jobs, will operate from Nightspeeds nationwide depot network.
Reprieve for mail vans, Consignia will drop £300M scheme to hive off fleet
POST Office business Consignia has scrapped a £300 million plan to hive-off its fleet of 40,000 vehicles and its IT operations.
About 5,000 workers would have been affected, and the proposal was being resisted by the unions.
The company announced last year that it would hive off its vehicle and IT needs and several other activities.
But a senior executive has now told Financial Mail: ‘This policy seems to be about moving bodies off our payroll rather than actually saving money.
‘We are not convinced that it will be of financial benefit to us.’
Consignia’s change of heart will come as a blow to BT Fleet, Britain’s biggest commercial vehicle business. It already runs British Telecom’s fleet and was looking to take over Consignia’s.
3 join Irish next-day service
Three Irish hauliers have joined forces to provide a guaranteed next-day delivery service between the UK and Southern Ireland. Roadferry, CW Transport and Target Transport, trading under the name of London Irish Express, are able to provide the service through their membership of Palletline.
Read MoreTNT Logistics North America and BMW Expand Partnership Into Lead Logistics Provider Agreement
TNT Logistics North America, one of the nation’s leading providers of value-added logistics, announced today that it has been awarded a multiyear, multimillion dollar contract to manage BMW Manufacturing Corp.’s inbound supply chain in Greer, S.C. The announcement continues a successful partnership that has existed since 1993 when BMW built its first production facility in the United States.
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