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TNT’s first quarter sales were up 8.9 per cent to 2,647m euros while the profit from continuing operations was up 6.9 per cent at 216m euros. The logistics division, which is up for sale, saw losses increase from 8m to 11m euros.
The government must speed up its plans for introducing road pricing, according to a new report from the CILT (UK). It said it welcomes the government’s commitment to road pricing as being the only effective way to tackle congestion.
Brewer Scottish & Newcastle has set up a joint venture with Kuehne & Nagel to handle drinks distribution in the UK.
Professor Alan McKinnon, director of Logistics Research at Heriot -Watt University, told delegates that at any given time, there is £460m worth of freight in transit on UK roads.
Innovate Logistics has bought the business of Celsius First that relates to the Portbury site near Bristol from PricewaterhouseCoopers, the administrators of Celsius First.
Matthews Transport has joined the Fortec Pallet Distribution Network, taking responsibility for the Manchester ‘M’ postcode. The company celebrates its 30th anniversary next year.
Seven, the privately-owned logistics support services group based in Ipswich, has acquired H J Calver Ltd, the Felixstowe based container transporter, for an undisclosed sum.
DHL Exel Supply Chain has won a £75m, five-year contract with Canon (UK). DHL Exel will manage Canon’s UK logistics operations including;
David Hindson, director of marketing and strategy for TDG, told delegates that third party logistics suppliers had to decide which road they wanted to ggo down if they wanted to prosper.