April 2016
The total value of completed Freight & Logistics mergers and acquisitions has more than quadrupled from £7.2bn in 2013 to £31.4bn in 2015, according to KPMG’s latest Transport Tracker. Further transactions worth approximately £33.2n were announced during the year, it added.
Asset-light logistics operators with advanced IT systems have, in recent years, been popular acquisition targets for large logistics providers and freight forwarders. “However, we increasingly see that that “leaner” ...
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Kestrel Liner Agencies has opened a dedicated air freight office at Heathrow. Under the management of John Fiddies it will offer worldwide exports and imports, along with premium services for urgent cargo, door to door courier, freighter services, air charters and chilled airfreight and hazardous goods service.
Kestrel also anticipates that ...
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The Port of Tilbury is to expand storage at its grain terminal. There will be an additional 16,000 tonnes of capacity for import and export wheat. The grain terminal at Tilbury is already one of the UK’s largest, handling over 1.4million tonnes annually.
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Crowley Maritime is putting into service $32.7 million worth of new cargo carrying equipment including 325, 20-foot chassis, 600 53-foot dry containers,400 53-foot chassis and 440 generator sets, all of which are expected to arrive by the end of May. These arrivals follow 500 45-foot (102-inch wide) dry containers and ...
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