ABX Logistics buys Portuguese firm

ABX Logistics buys Portuguese firm

'''ABX Logistics, the transportation and logistics branch of the Belgian National Railway, has purchased the Portuguese firm, Transpiedade Transitarios (TPT).

''''TPT is the second Portuguese company to join ABX Logistics. The company acquired Eurofrete last January.

''''ABX said TPT “is the number one player in road transport to Italy.” The company employs 49 and has facilities in Porto and Lisbon.

''''As a result of its latest acquisition, ABX Logistics now has a staff of 135 employees and five sites in Portugal.

''''Both TPT and Eurofrete will now operate under the name of ABX Logistics Portugal for road transportation, and ABX Logistics International Portugal for air and sea transportation.