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Royal Mail goes west with £210m buy-up of Rosenau Transport

R OYAL Mail is tapping into the worldwide surge in online shopping with the £210 million acquisition of one of Canada’s biggest trucking firms. The delivery group’s overseas freight arm GLS International is picking up family-owned freight group Rosenau Transport to expand operations in North America’s $25 billion parcel market, …

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Brighton Pier owner settles £5m pandemic insurance claims

The owner of Brighton Pier and the Lightwater Valley theme park has settled £5 million of business interruption claims with its insurers after being forced to close during the pandemic. Brighton Pier Group saw shares surge by around a quarter in early trading on Friday after it confirmed the settlement. …

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