Woodward Foodservices has taken a 85,422 sq ft warehouse at Boultbee, Innovate and Schroders’ Zenith2 development in Deykin Avenue, Witton, Birmingham.
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Rentokil Initial, which owns express operator City Link, is buying Target Express for £210 million. So far, it says, it has received acceptances for 90 per cent of the share capital with the balance expected no later than the end of the year.
The licensing system for operators of heavy goods vehicles and public service vehicles is be streamlined and modernised saving some £15m a year.
A 150,000 sq ft national distribution centre for NHS Scotland, which was taken on a 25-year lease with 15 year break option at Canderside Toll Larkhall at junction 8 of the M74, is nearing completion.
TNT Logistics has changed its name to Ceva Logistics following its sale by TNT Post Group to private equity investors.
Gefco is to open its first logistics platform in Russia. A 20,000 sq m facility will be located in Podolsk, near Moscow and is set to open for business in June 2007.
Gladman Developments has secured a site for a speculative 410,000 sq ft industrial and distribution development near Barnsley in South Yorkshire.
Wincanton, has won the distribution contract for bulk loads of aviation products and diesel fuels to various RAF stations, warships and Ministry of Defence sites in the UK.
The Freight Transport Association has called for more government action to deal with unroadworthy foreign lorries. It wants the government to commit itself to a database scheme for supporting the effective roadworthiness enforcement of foreign trucks.
Tesco is to sign the largest single warehouse letting of the year at Evans Property Group’s Fradley Park in Lichfield.
