MOVE LOGISTICS JOINS TIL GROUP
Mar 20 2017
We have been looking to expand and strengthen the business and have identified a few strategic areas that we felt we could play a more active part in.
One of these is the field of true 3rd Party Logistics (or 3PL) where the Logistics provider takes responsibility for management of particular Supply Chain requirements for the Client, this can include warehousing, order taking and filling, inventory management, labour supply, fleet management and other activities, as well as the physical distribution aspect.
We have been talking with the Owners of MOVE and are now pleased to advise that parties have signed an unconditional agreement whereby Transport Investments Ltd (TIL) will purchase the MOVE business. MOVE will operate as an autonomous entity within the TIL Group.
We are all looking forward to the future with an effective start date of 31st May 2017.