Tag: UK

UK Exel joins the Built Environment

Posted by | Mar 4, 2003 | |

The construction industry’s largest independent supply chain body in the UK, Collaborating for the Built Environment (Be), has been joined by the world’s leading logistics company, Exel. In a move that signals its commitment to providing modern supply chain management practices to the construction sector, Exel becomes the first logistics company to join Be which has a membership of over 100 leading organisations across the widest spectrum of the design, build and supply side of the industry.

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UK Royal Mail chooses LeasePlan to run its company cars

Posted by | Mar 3, 2003 | |

Royal Mail announced today it has signed a contract with the vehicle management company, LeasePlan, to supply and maintain its 5,000 non-operational company cars. The contract does not affect Royal Mail’s fleet of familiar red delivery trucks and vans, as they remain in-house. There is also no impact on jobs.

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Business Post Group acquisition of technical courier

Posted by | Mar 3, 2003 | |

Business Post has acquired BXT a technical courier for GBP1.8m. BXT has a turnover of GBP4.3m and pre tax profit of GBP0.3 million. (The consideration of £1.8m = 6 times the pre tax profit). The acquisition of BXT provides Business Post with an entry into the technical courier market as a value-added addition to the Group’s own expanding courier
business, UK Today.

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TDG profits hit by problems in France

Posted by | Mar 3, 2003 | |

TDG saw 4% a decrease in its headline profits at £22.6m (€33.1m) last year despite a 7% increase in turnover to £567m (€831m).
Chief executive David Garman described this as a “creditable performance”, but warned: “We do not see a significant improvement in the economic climate in 2003.” This uncertainty was slowing down customers’ decision making and putting pressure on margins, but Garman still predicted a modest profit improvement this year.

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