News
Infonic wins NHS subcontract
Software group Infonic has introduced its software to logistics group DHL’s operations across the NHS.
Quantum named supply chain solution of the year
Software company Quantum Retail has won an award for its supply chain solutions for retailer New Look.
TUI profit down but upbeat for 2008
Germany's TUI AG posted a 2.9 percent drop in third-quarter group net profit but said on Friday it remained upbeat for the rest of the year despite the economic downturn.
Supply chain boost for Sainsbury’s
Supply chain improvements have helped to boost Sainsbury’s profits despite the slowdown in the economy.
ProLogis to offer three year leases across UK portfolio
ProLogis is offering leases from three years with six monthly break clauses thereafter across the whole of its wholly-owned five million-square foot portfolio in the UK, say property sources.
Babcock half year profit up 30 percent
Support services group Babcock International on Tuesday reported a 30 percent increase in first half profit and said the prospects for further growth within its core markets are good.
DHL to cut 9,500 jobs in U.S.
Deutsche Post will slash 9,500 jobs and halt U.S. domestic services at its DHL Express unit after failing for five years to gain share in a market dominated by United Parcel Service and FedEx Corp .
Maersk expected to post profit for Q3
Danish shipping group A.P. Moller - Maersk is expected to report net profits of DKK16.4 billion (£1.79 billion) in the first nine months of 2008.
PD Ports, EWS launch container train service
PD Ports, operator of the deep water port at Teesport, and rail freight operator EWS have launched a new high cube capacity container train service between the North East of England and central Scotland.
Wincanton first half profit up 6 percent
(Reuters) - Supply chain company Wincanton on Thursday posted a 6 percent rise in first-half profit and said its core business is performing well and that it is confident on its prospects for the full-year and beyond.
FirstGroup underlying profit up 44 percent
Bus and train operator Firstgroup said its second half had started well with trading in line with expectations, as acquisitions helped it post a 44 percent rise in underlying first-half profit.
DHL signs five-year deal transport deal with Synthomer
DHL Exel Supply Chain’s industrial sector has signed a five year deal to provide Synthomer, the global synthetic polymers business, with bulk transport services in the UK effective January 1 2009.
Network Rail to receive less funding from regulator
The Office of Rail Regulation ruled that future funding would be less than Network Rail demanded.
Stagecoach says trading in line with expectations
Scottish bus and rail company Stagecoach said on Wednesday its trading since August 28 had been in line with expectations, while it expects to be resilient through an economic downturn.
Palletforce appoints non-executive Chairman
Palletforce has named John Brotherton non-executive chairman, taking over from Iain McAulay who steps down in January.
TDG announces senior management changes
Following the acquisition by LIT plc, TDG has announced a series of management changes.
Scania Q3 profit rises, adjusts production rate
Scania AB, Sweden's second-largest truckmaker, said third quarter profits rose 3.6 percent, driven by higher vehicle volume and increased prices.
Stobart Group reports solid H1
Stobart Group Limited, one of the UK’s leading providers of multimodal transport and logistics solutions reported profit before tax of £11 million for the first half on October 23.
Kuehne + Nagel to acquire Alloin Group
The Kuehne + Nagel Group said October 20, that it has entered into an agreement to acquire the French groupage provider Alloin Group.
DHL rolls out Graduate Program across EMEA
DHL Exel Supply Chain has launched an expansion of its UK Graduate Program into countries across Europe, Middle East and Africa (EMEA).
T-Mobile axes Fone Logistics partnership
Mobile network operator T-Mobile has terminated its distribution partnership with Northumberland distributor Fone Logistics following a review of its indirect partners.
DHL wins EcoTherm Insulation distribution contract
DHL Exel Supply Chain has been awarded a £10 million five year contract to provide distribution services to EcoTherm Insulation (UK) Ltd.
TNT lowers outlook for Express unit
TNT NV, Europe's second-biggest express-delivery company has lowered its profit forecast for Dutch and international parcel-delivery operations, citing “severe global volatility in financial markets”.
TUI AG says will not make offer for TUI Travel
Germany's TUI AG , which recently sold its Hapag-Lloyd shipping unit for 4.45 billion euros (3.46 billion pounds), said it did not intend to make an offer for British tour operator TUI Travel (TTP).
BA announces fuel surcharges
British Airways (BA) has joined rival carrier Virgin Atlantic in reducing passenger fuel surcharges, hit by rising oil prices and falling passenger numbers.
PD Ports signs Indian shipping deal
UK port owner PD Ports has signed a deal with shipping agent Faredeal Shipping Agencies Pvt Ltd to act as its agent in the Indian shipping market.
Connaught full year profit up 73 percent
Support-services firm Connaught reported a 73 percent rise in annual pretax profit, boosted by a strong performance from its health, safety and risk unit and said its prospects were good.
TUI sells Hapag-Lloyd subsidiary for €4.4bn
TUI AG has sold its Hapag-Lloyd shipping subsidiary to Hamburg investors in a €4.45 billion deal that will see the tourism firm retain an interest through a minority stake in the buyer.
Comet awards Wincanton distribution contract
Wincanton plc has won a five-year contract to manage the electrical retailer’s new South Eastern distribution centre in Harlow.
BA mulls cooperation with Alitalia - CEO Walsh
British Airways is considering cooperation with Alitalia , BA Chief Executive Willie Walsh told German newspaper Frankfurter Allgemeine Zeitung.
Geodis Wilson wins RS Components supply chain contract
Geodis Wilson UK will manage certain air and sea freight routes for RS Components from its site in Corby to the electronic components supplier’s facilities around the globe.
CitySprint acquires PBS Deliveries
CitySprint has acquired Birmingham-based courier company PBS Deliveries for an undisclosed sum in an effort to strengthen its presence in the West Midlands.
DSV Road acquires Unicargo AS
DSV Road AS, the Norwegian road transport business of Danish transport and logistics group DSV Group, has agreed to acquire Unicargo AS for an undisclosed sum.
Royal Mail increases fleet
Royal Mail has added 40 MAN TGS tractor units to its fleet.
DSV closes acquisition of ABX Logistics
DSV A/S has completed the acquisition of XB Luxembourg Holdings, the parent company of the ABX Logistics Group, in a deal worth €750 million.
Former BA executive to be jailed in US
Keith Packer, former BA corporate cargo Sales Manager for UK and Ireland, will serve eight months in jail over price-fixing and pay a US$20,000 fine.
Eurostar seeking to replace existing trains?
Eurostar is considering replacing some of its trains with the world’s newest high-speed train design as it seeks to boost reliability and expand into new markets.
Jarvis rail business performing well
British rail and plant services group Jarvis plc said on Monday, September 29, its year-to-date trading has been in line with its expectations.
Buyers target TDL sector
Companies in the transport distribution and logistics industry (TDL) could find themselves targeted by private equity investors, according to the latest study from PricewaterhouseCoopers.
Teleflex Medical selects arvato as logistics partner
Teleflex Medical Group has appointed arvato services healthcare as the exclusive UK and Ireland logistics partner for its catheter product distribution division Arrow International.
ProLogis to develop new distribution centre for Marks & Spencer
ProLogis has announced that it is to develop a new 1.1 million-square-foot distribution facility for Marks & Spencer.
DHL wins Scottish and Southern Energy contract
DHL Exel Supply Chain’s UK industrial sector has won the contract to provide logistics for Scottish and Southern Energy plc.
MAN plans Manchester dealership
MAN Truck & Bus UK Ltd has begun work on a six-acre specialist dealership in Manchester as part of its £30 million investment programme.
Pall-Ex network expands in the North
Peppers Warehousing, JDF Logistics and McGregor Logistics have joined Pall-Ex, the UK’s largest pallet distribution network.
PCH International receives venture funding
The Irish-based global supply chain services firm has received US$21 million in venture funding from three Silicon Valley venture capital firms.
EasyJet to make staff cuts
EasyJet, one of Europe’s largest discount carriers, is to shed at least 60 of its managerial positions in response to record high fuel prices.
K+N appoints Ulber to management board
Peter Ulber has been appointed to the Kuehne + Nagel International AG management board with effect from January 1, 2009.
Openfield appoints DHL as logistics partner
DHL Exel Supply Chain has been appointed supply chain partner to Openfield, the planned new merged business of Grainfarmers and Centaur Grain.
Freightex expands with new Midlands office
Mark Silvester (pictured) from logistics firm Rhenus has been recruited to manage Freightex’s new operation at Tipton.
Northgate shares fall as UBS slashes forecast
Shares in Northgate plc, the leading provider of light commercial vehicle rental in Spain and the UK, tumbled after UBS AG slashed its 2009 earnings forecast, citing slowing economic growth in the two countries.
K + N International CEO to take over in January
Kuehne + Nagel International AG said Reinhard Lange will take up his new function on January 1, 2009.
SEKO expands European operations
The US-based 3PL provider has opened a new office in Germany, with headquarters in Frankfurt and operations in six locations throughout the country.
TDG invests £3m in new facility
The supply chain management firm has invested £3 million in a new 25-acre chemical logistics centre on the Wilton International complex at Teesside.
Go-Ahead profits climb on public transport demand
Bus and train operator Go-Ahead said full year pre-tax profits climbed by a fifth as commuters opt for public transport in the face of soaring fuel prices.
Skills for Logistics appoints new CEO
Skills for Logistics, the Sector Skills Council for the freight logistics industries, has named Dr Mick Jackson as its new Chief Executive Officer.
Dentressangle announces Christian Salvesen recovery plan
Norbert Dentressangle Group says it is on target to bring its Christian Salvesen UK transport business back to profitability.
Business Direct enters administration, units bought by DX Group
Business Direct, the courier service business, announced yesterday, September 1, that DX Group Ltd has acquired its In-Night and PX Worldwide Licensing operations.
DHL appoints new CEO for DHL Express EEMEA
Express logistics company DHL has appointed John Pearson as new CEO for the EEMEA region (Eastern Europe, Middle East and Africa).
Stagecoach benefits from rising fuel costs
Stagecoach plc said on Thursday, August 28, its full year profit would exceed previous expectations as more travellers have been using buses.
Amtrak enters administration
The delivery company Amtrak has gone into administration for the second time in two years, placing 1,000 jobs in jeopardy.
Maersk to buy Brostrom
A.P Moeller-Maersk A/S, the world's biggest container shipper, has agreed to buy the logistics provider for SEK3.62 billion.