Bibby Distribution secures long-term deal with Honda in UK
Bibby Distribution has secured a long-term deal with Honda to ship motorcycles to dealers throughout the north of England and Scotland from its Swindon site.
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UK Wincanton helps Somerfield set up new distribution centre in just 13 weeks
Wincanton played its part as supermarket chain Somerfield set up a new distribution centre in Winsford, Cheshire, in just 13 weeks.
The company is supplying non-food product lines, including workwear for staff at the groups 1,400 stores, from a 14,000sq metre facility.
Securicor sells 50% of German JV for Euro 284m
Securicor, the private security group, on Monday said it had reached agreement to sell its 50 per cent stake in its UK parcels distribution business to Deutsche Post for Euro 284m (USD 299m), including assumed debt. The German postal operator, the other shareholder in the joint venture, will pay Euro 247m cash on completion for the 50 per cent stake it does not already own in Securicor Distribution. Securicor’s share of the venture’s net debt amounted to Euro 37m, bringing the total value of the disposal to Euro 284m.
Read MoreUK Royal Mail threatens regulator over price cap
Allan Leighton, the chairman of the Royal Mail, is to seek a judicial review against the postal regulator, Postcomm, if it goes ahead with plans to cap charges that other companies pay to use the postal network. The Royal Mail claims Postcomm’s proposals would cost it up to pounds 1.2bn. This would more than wipe out gains from a 1p rise in the price of first and second class stamps, agreed last week.
Read MoreUK Royal Mail job losses evenly spread
Royal Mail is likely to spread job losses evenly when it makes 15,000 of its staff redundant later this year, although there will be some regional variations. Last June, Royal Mail said it would make the job cuts as part of a wide-ranging restructuring of the loss-making service. The redundancies represent almost 15 per cent of the 107,000 workforce.
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