Stobart Group, one of the United Kingdom’s largest trucking companies, today announced it is selling 51 percent of its key transport and distribution business for £239.7 million ($ 400.3 million) in cash and shares to a group headed by Chief Operating Officer William Stobart.
United Kingdom
Press Releases
28 Feb 2014
Multiple container lines hope to increase rates in a variety of trade lanes from March through June, although any hikes achieved could be fleeting...
18 Feb 2014
CMA CGM has extended its FEMEX service in the Black Sea with the addition of three new calls in Samsun, Turkey; Novorossiysk, Russia; and Constanta, Romania.
27 Jan 2014
London Gateway has secured several Hapag-Lloyd and Hamburg Süd services, tripling its customer base since it opened in early November.
10 Jan 2014
The global beverage trade will be a key contributor to shipping demand growth over the next five years, according to a new report.
27 Dec 2013
Descartes Systems Group, the global logistics technology solutions provider, has acquired Impatex, the UK’s largest customs and freight forwarding software company for an undisclosed sum.
27 Nov 2013
Royal Mail reported its operating profit almost doubled in the first half of the year, driven by higher revenue at its parcels division...
15 Nov 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in November, December and January.
08 Nov 2013
International Airlines Group’s cargo revenue in the third quarter of 2013 slumped more than 14 percent year-over-year, almost double the decline in freight traffic.
04 Nov 2013
London Gateway, the first major new port to be built in the U.K. for several decades, will open for business on the north bank of the River Thames on Wednesday, Nov. 6.
01 Nov 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in November and December.
