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Business news, Latest News23rd January 2025

Dawsongroup to be sold to global investor KKR

Global investment firm KKR has struck a deal to buy vehicle rental and leasing firm Dawsongroup for an undisclosed amount. Dawsongroup said the deal would drive the next stage of its development and boost electrification of its fleet. The acquisition, which is subject to regulatory approval, will be made as part of KKR’s Global Climate …

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Business news13th January 2025

UPS Completes Acquisitions of Healthcare Cold-Chain Logistics Providers Frigo-Trans and BPL

UPS has announced that it has completed the acquisition of Frigo-Trans and its sister company BPL, which provide industry-leading, complex healthcare logistics solutions across Europe. The acquisitions further enhance the end-to-end capabilities available to UPS Healthcare customers, who increasingly need temperature-controlled and time-critical logistics solutions globally. Frigo-Trans’ network includes temperature-controlled warehousing ranging from cryopreservation (-196°C) …

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Business news, News Digest8th June 2018

Derry Refrigerated Transport expands through acquisition

Portadown, County Armagh, Northern Ireland: Logistics firm Derry Refrigerated Transport has acquired Brennan Refrigerated Transport in Waterford, adding five lorries to its existing fleet of 60, according to the Belfast Telegraph. The move is part of a £9m investment in a new site in Co Armagh. The company will be relocating from its current premises …

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Business news, News Digest7th June 2018

Fowler Welch recruits former NFT Distribution director

Spalding, Lincolnshire, UK: Fowler Welch has appointed Dale Fiddy, who has moved from NFT Distribution, to the new role of strategic development director. This role will initially focus on developing the significant benefits for food manufacturers and retailers in working in a truly collaborative environment such as the partnership between Fowler Welch and Dairy Crest …

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Business news7th June 2018

Kuehne+Nagel boosts global track and trace services

Schindellegi, Switzerland: Kuehne and Nagel is using Zebraxx to provide last mile visibility for customers. “Kuehne + Nagel customers have enjoyed the benefits of Zebraxx for several years; in 2017 almost 10 million transactions have been handled by the system,” the company says. “Now, the growing alliance will strengthen Kuehne + Nagel’s capacity to offer …

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Brexit challenges for temperature-controlled couriers

Jeremy Thompson, managing director at van courier Absolutely talks about Brexit London, UK:  Brexit – it’s everywhere, whether we want it to be or not. And to be fair, that’s a good thing. We need to talk about it; it’s going to affect everyone in one way or another, some for the better, some for …

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IARW and WFLO elect new officers

Arlington, Virginia, USA: The International Association of Refrigerated Warehouses (IARW) and the World Food Logistics Organization (WFLO) have appointed new officers. Douglas Harrison (VersaCold Logistics, Vaughan, Ontario, Canada) is the 2018-2019 chairman of the IARW. Other new IARW officers elected for the coming year are vice chairman Andrew Janson (MTC Logistics, Baltimore, Maryland, United States) …

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Business news4th June 2018

PRM buys Cool Beans

Antrim, Northern Ireland: PRM Group, a manufacturing and distribution business with temperature-controlled vehicles, has acquired The Cool Bean Company, a Dublin-based maker of high-protein ready meals. PRM, based in Antrim, specialises in the distribution of chilled and frozen foods. It owns the Fresh Food Kitchen and Galberts food brands. The business consists of two trading …

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Business news4th June 2018

Pelican BioThermal at Crēdo on Demand in Canada

Toronto, Canada: Pelican BioThermal has added its first Canadian drop point. Located at the ATS Healthcare headquarters in Toronto, the new drop point expands Pelican BioThermal’s Crēdo on Demand rental program providing an additional point of return for reusable shipping assets. ATS Healthcare is also a distributor for Pelican BioThermal products throughout Canada. “The Canadian …

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Business news4th June 2018

Thermo King marks 40 years in Shannon, Ireland

Shannon, County Clare, Ireland: Thermo King has celebrated 40 years of operations at Shannon, according to local press reports. Two years after it set up its first European manufacturing facility in Galway, the company – which started out manufacturing refrigeration units for trucks but today is a world leader in high performance heating and cooling …

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Business news4th June 2018

US coldchain logistics set to slow

London, UK: The US food and beverage cold chain logistics market is expected to decline due to saturation, says a new report from Technavio. Its new market research report on the global food and beverage cold chain logistics market from 2018-2022, follows Technavio’s previous research on the global food and beverage cold chain logistics market …

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Business news4th June 2018

Armageddon to follow no deal Brexit

London, UK: Distribution supply lines could collapse under a worse scase senario prepared by Whitehall if Britain ends up with a no-deal Brexit. Three scenarios drawn up in Whitehall and obtained by the Sunday Times, with the worse of the three called armageddon, set out the likely consequences should Britain walk away from the negotiating …

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