Securicor Distribution has opened and 18000 sq ft storage and office facility near Dublin Airport. It enables Securicor to develop its short and long term storage capability, pick and pack facilities, inventory management and delivery services.
Read More“UK – Fastrack Group PLC (FG), parcel delivery company majority-owned by Goldpower Ltd, agreed to acquire the Ontime Logistics
Business of Jacobs Holdings PLC in exchange for 61,548,387 new FG shares, valued at 4.77 mil pounds ($6.96 mil). The shares
were valued based on FG’s closing stock price of 0.0775 pounds ($0.113) on Oct 3, the last full trading day prior to the
announcement.”
A new investment of £4.3 million at Edinburgh Airport by TNT Express Services represents the company’s single biggest investment in Scotland. The depot provides local businesses with a focal point for business mail and express parcel delivery services and serves companies throughout Edinburgh, Dundee, Perth and Fife.
Read MoreEuropean all-cargo carriers will keep a close watch on the Dollars 500m compensation fund available to their US counterparts in the wake of the terrorists attacks on New York and Washington.
Mixed with sympathy for their US colleagues is the privately expressed fear that Congressional funds will bolster a weakened US all-cargo industry while European airlines receive nothing from Brussels.
‘We are keeping a low profile at the moment,’ said one European air freight industry observer who asked not to be named. ‘This is a sensitive time and we don’t want to be labelled anti-American. It would not help matters.
Read MoreDeutsche Post World Net AG and Thiel Logistik AG [Luxembourg] are in talks for a possible cooperation, Thiel chairman Guether Thiel said in an interview with Monday’s Handelsblatt. Despite the company’s [Thiel’s] current low share price, Thiel does not see the company as a takeover target, but added that independence is, ‘no dogma for us.’ The company is open to a partnership with a ‘small European postal company,’ to help build up its logistics operations, although as yet there are no concrete plans, Thiel said. The company [Thiel} is well-positioned in Austria and Switzerland, and the postal companies in these countries would be possible partners, he said.” (Source: Financial Times)
Read MoreChristian Salvesen has clinched a second extension to its £1m contract with furniture and homeware company IKEA. It will now be responsible for managing a 84,000m2 bulk overflow warehouse in Dunstable.
Read MoreA good half-year result by SSI, part of the UK based S&S Distribution Group, a Palletline network member, has led to the planned addition of new services by the company.
Read MoreCostco Wholesale, US-based wholesaler, has dramatically cut operating costs across its UK distribution, with the implementation of 14 ChillXPress insulated pallet boxes, which enable chilled goods to be carried on ambient trailers.
Read More
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