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TDG produced a “significantly improved” financial performance in 2008 with underlying operating profits increasing by 31 per cent to £26.8m on revenues ahead 10 per cent at £733.1m, according to parent company Douglas Bay Capital.

Many UK-based businesses could be forced to relocate warehouses and distribution centres to mainland Europe if the government fails to reduce the cost of fuel, according to Derrick Potter, national chairman of UKWA.

PD Ports has delivered a specialist project cargo to Hull Container Terminal as part of its contract with international freight forwarders Transcar Projects.