Dart Group has sold its temperature-controlled logistics division Fowler Welch to Culina Group for £98 million. Dart Group said that the sale would enable Fowler Welch to “continue to flourish and grow profitably under new ownership” allowing it to focus on its Jet2 leisure travel business. The sale includes Fowler Welch’s 50% share in fruit…
London-based digital freight forwarder and supply chain finance company Beacon has raised over $15 million in funding, with investor including Amazon founder Jeff Bezos and Silicon Valley venture capital firm 8VC. Beacon was founded in 2018 by chief executive Fraser Robinson and chief operating officer Dmitri Izmailov, both former Uber executives, and have been joined…
The June issue of Logistics Manager – a supply chain special looking at fashion, visibility, digital technology and extended supply chains – is out now in print, online as well as for the iPad and Android. Cover Story: Extended Supply Chains Inertia is the enemy… Extended supply chains have huge benefits for businesses and for the consumer, but currently face pressure…
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