Tibbett & Britten Group plc, the leading UK based international contract
logistics and supply chain management Company, is pleased to announce that
following a review of its warehouse and distribution requirements, Mothercare
has confirmed its partnership with Tibbett & Britten.
Securicor PLC said it plans to return around 75 mln stg to shareholders following the sale of its stake in a distribution joint venture to Deutsche Post, the other venture partner.
The company is selling its 50 pct holding in the venture for 247 mln eur in cash. Including Securicor’s 37 mln eur share of the venture’s net debt, the value of the disposal is 284 mln eur.
Read MoreNot all the EU members states have welcomed cross-border rail liberalisation, reports Chris Lewis
Saturday 15 March marked the date on which European rail freight took its first tentative steps towards the free market. The EC’s first railway package came into effect to, in theory, open up an estimated 85% of the network – for cross-border services only – to competition from state rail operators and private sector firms.
A second railway package, currently being debated by the European Council, will open up the entire network to full cabotage – domestic as well as international. This is widely expected to be given a 2008 deadline, rather than 2006 as originally hoped for, as the price for securing the co-operation of France, Belgium and Luxembourg.
Read MoreSunrise Medical, a manufacturer of wheelchairs, hoists and other aids for people with mobility problems, has extended its UK logistics contract with Geodis for a further two years.
Read MoreExel has been appointed by Sia to manage the UK logistics for its giftware and home accessories from its multi-user centre in Stanton, Suffolk. Sia’s 15% year-on-year growth promptedthe company to outsource the handling of up to six containerloads a week.
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