Tag: UK

Fastrack Group aquires Jacobs Holdings – Ontime Logistics Business

“UK – Fastrack Group PLC (FG), parcel delivery company majority-owned by Goldpower Ltd, agreed to acquire the Ontime Logistics
Business of Jacobs Holdings PLC in exchange for 61,548,387 new FG shares, valued at 4.77 mil pounds ($6.96 mil). The shares
were valued based on FG’s closing stock price of 0.0775 pounds ($0.113) on Oct 3, the last full trading day prior to the
announcement.”

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New TNT depot

A new investment of £4.3 million at Edinburgh Airport by TNT Express Services represents the company’s single biggest investment in Scotland. The depot provides local businesses with a focal point for business mail and express parcel delivery services and serves companies throughout Edinburgh, Dundee, Perth and Fife.

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SSI plans new services

A good half-year result by SSI, part of the UK based S&S Distribution Group, a Palletline network member, has led to the planned addition of new services by the company.

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