Tag: Road Transport

Fortec launches new dedicated scheduled 24 hour daily pallet delivery service to Ireland

Posted by | Sep 29, 2007 | |

The Fortec Pallet Distribution Network has today announced the launch of a new scheduled premium 24 hour daily pallet delivery service to Ireland using the resources of the existing Fortec licensees. The new service will offer deliveries through the Fortec network into both Dublin and Belfast on a next day basis

Freight bound for Ireland from around the UK will reach the new 140,000 sq ft Fortec Hub at Watling Park near Rugby by midnight each day and be transhipped to Ireland via Holyhead the next morning enabling next day delivery of those urgent palletised goods in Dublin and Belfast.

This service complements the existing Fortec 48 hour service throughout the rest of Ireland. The major benefits for the new Fortec 24 hour Ireland service include: –

” Express service for urgent palletised freight
” Economy service still available
” Reliable delivery service from Fortec licensees
” Scanned PODs on line within 24 hours
” Competitive rates

Neil Hodgson, Fortec’s Business Relationship Manager for Ireland who is spearheading the new service commented:

“The launch of the new 24 hour pallet delivery service into Ireland by Fortec is another example of Fortec providing improved services for licensees so they can offer their customers the right solutions to meet their requirements.

“Customers can be sure of the Fortec reputation for reliability and a quality delivery service together with a number of other benefits including PODs on line and highly competitive rates.

“Ireland is a very large market and the facility of a 24 hour dedicated daily service will no doubt help our licensees’ customers to build their businesses in the country” he added.

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New offices in Kaliningrad and at Domodedovo Schindellegi for Kuehne and Nagel

Posted by | Sep 26, 2007 | |

With the opening of a branch in Kaliningrad and an airfreight office at Moscow Domodedovo International Airport, Kuehne + Nagel is continuing its expansion course in Russia.

Kaliningrad is an important import route into mainland Russia. With its yearround ice free port, the exclave offers interesting logistics potential. Kuehne + Nagel’s new branch office will initially focus on offering seafreight services. In the course of next year, the portfolio will be expanded to include overland, warehousing and airfreight solutions.

Kuehne + Nagel has also opened a new airfreight office at Moscow Domodedovo (DME), the country’s largest and most important airport. Located on the premises of the cargo terminal, customers are offered the full scope of airfreight import, export and transit services, including Kuehne + Nagel’s new Cargo 2000 based airfreight products, as well as comprehensive customs services.

Clemens Abt, Regional Manager North East Europe and Managing Director of Kuehne + Nagel in Russia: “The opening of these two new locations is a further step in our strategy of establishing a logistics network across Russia to ever better support our customers in developing this dynamic market.”

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Rampant speculation over possible Salvesen takeover

Posted by | Sep 26, 2007 | |

Industry speculation is rife over the identity of two potential bidders for Christian Salvesen, following the company’s statement that it has been approached regarding a possible takeover.

While the absence of any confirmation from companies within the transport & logistics sector has fuelled market speculation that the interested parties may be private equity companies, analysts have suggested that Wincanton, Deutsche Bahn, Kuehne+Nagel, Norbert Dentressangle or Salvesen’s JV partner, APL, could be in the running.

The UK-based logistics company also has operations in Belgium, France, Holland, Ireland, Portugal and Spain.

Christian Salvesen has, in the past, rejected suggestions of merger propositions, although the company’s financial performance has been hit by increasing competition in a market steeped in M&A activity.

In June, the company agreed to sell its frozen vegetable business for GBP 17.2 million.

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Christian Salvesen receives two acquisition offers

Posted by | Sep 25, 2007 | |

Indicative offer proposals are subject to a number of pre-conditions

Christian Salvesen has released a statement that its Board has noted the recent movement in its share price. In response to this, the Board confirms that it has received approaches from two parties which may or may not lead to a recommended offer for the Company. The indicative offer proposals received by the Board are subject to a number of pre-conditions.

The Board is currently continuing discussions and will provide an update to its shareholders in due course. The Company stated, as is usual in such instances, that there can be no certainty that a formal offer for the Company will be forthcoming or as to the terms on which any offer might be made.

Following a recent dip in its share price, a sharp increase (of almost 30.0% at one stage) was seen this morning. The Company, with a market capitalisation of some GBP 159.2 million (rising to around GBP 176.0 million after share activity this morning), has been the subject of takeover and merger speculation and approaches in recent years, most notably when discussions with TDG failed to result in a deal in late 2004.

Salvesen has faced difficult trading conditions for a number of years and has initiated a programme of restructuring to improve efficiency across the Group, particularly across its UK and Spanish transport businesses and the European food and consumer business. Its results have reflected continuing challenges in the UK transport market.

In August 2007, the Company announced that it was to concentrate on its logistics business with the sale of its frozen vegetable business, Christian Salvesen Foods, comprising stock, plant, machinery, people and contracts to Pinguin Foods.

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Archbold Logistics opts for Palletforce quality

Posted by | Sep 24, 2007 | |

Archbold Logistics, a successful Leeds-based transport company with six locations nationwide, has joined PalletFORCE, one of the country’s fastest growing palletised distribution networks, in the long-term interests of the company and its customers.

The company is new to networks but decided to make the move after it won several contracts requiring palletised distribution. “We are able to deliver to specialised regions, but even with six Depots we were limited geographically. Joining a network seemed the ideal means of expanding to cover the entire country,” explains Xavier Archbold, the company’s Business Development Manager.

PalletFORCE proved the most suitable of all the networks that Archbold Logistics looked at. “Simply, PalletFORCE had the best quality of membership, giving us the sense that our deliveries would be well looked after,” Xavier Archbold confirms.

Archbold’s Manchester depot has now taken on responsibility for the northern part of the M postcode. “It’s early days yet but we want this to be an important part of the business,” comments Xavier Archbold.

Archbold Logistics was founded in 1918 and today the £20 million turnover, family-owned business has depots in Louth, Daventry, St Albans and Hemel Hempstead in addition to those in Leeds and Manchester. Alongside a 150-strong fleet, the company operates European, emergency freight and car sales divisions.

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