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Ed Balls, Economic Secretary to the Treasury, has announced that freight forwarders will be “removed from the scope of FSA insurance regulation”, a move designed to decrease regulation in the industry and help promote its international competitiveness.

Scania has released a £508m (SEK £7bn) special dividend to its shareholders, freeing up cash from within the company and making any other takeover attempt more expensive.

Despite a long time in the planning and a negative lobby from residential neighbours planning permission has been granted for a 205,000 sq ft warehouse at Ashroyd Business Park in South Yorkshire.

There is a growing trend among developers to provide cross-docked facilities to the market not just on a design and build basis but speculatively.