Browsing: Logistics

CitySprint has bought the multi-drop and same day courier business of the Owner Driver Network from ODN Logistics.

CPD Logistics has purchased two new warehouses totalling 160,000 sq ft with 20,000 pallet locations on a site adjacent to its Wellesbourne headquarters.

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.