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The British International Freight Association is launching a networking group, the BIFA Young Forwarders Network (YFN). The launch will take place on March 6th during National Apprenticeship Week. Carl Hobbis, BIFA’s training development manager, said: “The idea of the YFN is to create several regional networking groups, run by young forwarders and designed to help…
Supply chain disruption cut operating profit at McColl’s from £31.4 million in 2017 to £18.3 million last year. Chief executive Jonathan Miller said: “2018 was undoubtedly a challenging year, marked by supply chain disruption following Palmer & Harvey’s entry into administration and the accelerated transition to our new supply partner Morrisons. “Despite this disruption, we…
Hermes is to open a “tech hub” is the centre of Leeds and recruit 50 permanent technology specialists, including senior developers and UX experts. The office will also be the new home to the company’s Innovation Lab, which is charged with creating forward-thinking services and solutions designed to change the delivery landscape. The 50 new…
Xpediator, the acquisitive forwarding and logistics group, increased its revenue by 54 per cent last year to £179 million. Last year it acquired Import Services Logistics and Anglia Forwarding, which contributed an additional 18 per cent in revenue. Chief executive Stephen Blyth said: “The business is performing well, growing both organically and through acquisition. We…
Deutsche Post DHL has sold its supply chain operations in mainland China, Hong Kong and Macau to SF Holding for €700 million (RMB5.5bn). The business will be branded SF DHL Supply Chain China. Deutsche Post DHL will continue to receiver revenue-based partnership fees for ten year, in return for the trademark licence, customer referral, employee…
Dorset-based Wyvern Cargo, which specialises in distribution and warehousing for clients such as Jordans Ryvita, has joined the Palletforce network. Wyvern has a purpose built depot in Poole, and recently opened a 60,000 sq ft warehouse near Bournemouth Airport. There is also a Midlands distribution centre in Wellingborough. The total fleet comprises 75 vehicles and…
Panalpina has confirmed that DSV has made a revised takeover bid for the business – increasing the offer to CHF180 per share from CHF170. The new offer is all cash – the previous offer of a mix of cash and shares was rejected by Panalpina’s biggest shareholder, The Ernst Göhner Foundation, which holds some 46…
XPO’s revenue rose 12.3 per cent last year to £17.3 billion, while adjusted EBITDA was up 14 per cent to $1.56 billion. Chairman and chief executive Bradley Jacobs said: “For the full year, we delivered 12.3 per cent revenue growth, 9.3 per cent organic growth and $1.56 billion of adjusted EBITDA – up 14.3 per…
Tim Waples, former chief executive of Doosan forklift trucks, has been appointed chief executive of the Fork Lift Truck Association. He will take over on 1st March, succeeding Peter Harvey who is leaving the FLTA after six years. FLTA chairman Duncan Nealon: “He is the perfect fit for our organisation and brings with him a…
Tiger Trailers, has moved into its £22 million factory at Winsford in Cheshire, which will enable it to double production capacity in the next 12-months. The 20-acre site includes 168,000 sq ft of chassis fabrication, body assembly, paint and final finish facilities. Offices include a 3D Engineering Suite, a specialist training facility and a full…
NHS Supply Chain has stopped offering fax machines to the health service in a move designed to improve data security and encourage investment in new technology. Chief operating officer Alan Wain said: “All fax machines and associated consumables have been removed from our NHS Supply Chain catalogue. New technology is playing an increasing role in…
Barclaycard has formed a strategic partnership with SAP (UK), which will see Barclaycard integrate its award-winning B2B payment product, Precisionpay, into SAP Ariba, the B2B marketplace. The integration, which will become available later this year, will bring procurement and payment together in one place, With Precisionpay Bank Transfer, buyers will be able to pay suppliers…
CMA CGM has launched its CHF30 per share bid to acquire the 67 per cent stake in CEVA Logistics that it does not already own. The French shipping line is the biggest shareholder in CEVA, strengthened its relationship with CEVA in October last year when it supported CEVA’s battle to fight off a takeover bid…
Newcastle-based tea company Ringtons has added 58 Volkswagen Caddy vans plus a Transporter and Crafter to its fleet. Ringtons operates a doorstep delivery service, and also has a wholesale division which caters to hotels, restaurants, cafes and businesses. Operations manager Stephen Killinger said: “Ringtons prides itself on a long history of providing faultless customer service…
Tate & Lyle has started a project to assess the sustainability of the supply chain for stevia, the low-calorie sweetener. It is working with partners Sweet Green Fields and Earthwatch to identify the steps needed to ensure that as the stevia market grows, sustainable growing practices are embedded and socio-economic benefits are maximised. Much of…
AP Moller-Maersk has acquired US customs house broker Vandegrift, saying that customs house brokerage is a key component in Maersk’s strategy to become an integrated container logistics company, providing end-to-end solutions to customers. Klaus Rud Sejling, head of global logistics and services at Maersk, said: “Customers have been asking us to simplify the complexity of…
The European Commission has approved the proposed acquisition of joint control over Virgin Atlantic by Air France-KLM, Delta and Virgin Group, saying the transaction would raise no competition concerns. Under the deal, Air France KLM will acquire 31 per cent of Virgin Atlantic from Richard Branson’s Virgin Group for £220 million. Virgin Group will retail…
FedEx Logistics is moving its headquarters to the former Gibson guitar factory building in downtown Memphis, consolidating multiple locations and nearly 700 team members into the new location over the next several years. The business, which until last month was known as FedEx Trade Networks, offers supply chain, transport, value-added services, and brokerage services. President…
Electric vehicles are already competitive with petrol and diesel in some markets, according to a report by The Climate Group. The finding in the “EV100 Progress and Insights Report” is based on total cost of ownership. The report points out that overall, electric vehicles are expected to reach price parity with international combustion engine vehicles,…
Three out of five retailers believe digitalisation is critical to creating seamless omni-channel retail experiences, but the cost of implementation is an obstacle for half of retailers, according to a survey by Gravity Supply Chain Solutions. The survey found that 86 per cent of UK retailers haven’t completed the digitisation processes (using a cloud based…
Debenhams has entered an agreement in principle with Li & Fung, the supply chain solutions partner for consumer brands and retailers, to develop a strategic sourcing partnership. The move is part of the retailer’s programme of operational improvements to support the business turnaround. In a statement, Debenhams said: “This agreement is expected to cover a…
Reach, which publishes the Daily Mirror and Daily Express, has renewed its distribution contract with Smiths News, in a deal worth £220 million a year. The new contract runs from October 2019 through to September 2024. Jos Opdeweegh, chief executive of the Connect Group, the parent of Smiths News, said: “I am delighted that we…
Menzies Distribution has secured a £25m revolving credit facility with Royal Bank of Scotland. Chief financial officer Paul McCourt said: “Our new revolving credit facility agreement with Royal Bank of Scotland is an important milestone for Menzies Distribution and will enable us to drive forward our ambitious growth plans to become the UK’s leading technology-driven…
The growth in online retail sales had to slow sometime, and that time was Christmas 2018 – at least that is the conclusion of the Capgemini IMRG eRetail Sales Index. Sales growth of 3.6 per cent year-on-year in December was an all-time low. Growth of 3.6 per cent would be considered perfectly respectable in many…
Bérangère Michel has taken over as operations director at John Lewis Partnership from Dino Rocos who will retire at the end of May after 43 years with the business. Until he retires, Rocos will report directly to Patrick Lewis, group finance director for the John Lewis Partnership, and will lead the company’s on-going work to…
Hermes has installed a £1 million carousel system for bulky items at its hub in Rugby. The semi-automated carousel system replaces a number of manual lines and is capable of processing up to 4,000 items per hour to over 60 destinations. The system has two automatic infeeds, which are directly fed from boom conveyors, and…
Some 43,103 heavy trucks were registered on UK roads in 2018, almost two thousand fewer than in 2017, according to full year figures from the Society of Motor Manufacturers and Traders. Registrations of rigid trucks declined by 6.7 per cent, driven by a double-digit fall for trucks between 6-16 tonnes, and a 3.8 per cent drop…
The Competition and Markets Authority has extended the reference period for its investigation into the proposed merger between Sainsbury’s and Asda. The reference period was due to expire on 5th March, but has now been extended by eight weeks to 30th April. The CMA plans to come up with its provisional findings this month (February)…
Investor developer Gazeley, has stared construction of a 520,000 sq ft warehouse near Madrid, Spain. Gazeley is undertaking the project in collaboration with Jesthisa a local developer specialising in industrial platforms. The site, to be named G-Park Guadalajara, is strategically located in the consolidated Henares industrial park north of Madrid and has direct access to…
Pan-European logistics property specialist Verdion is launching a 323,000 sq ft warehouse scheme near Copenhagen, Denmark. Verdion Logistics Park Greve will be available to lease or own, and can be subdivided into smaller units if needed. Road infrastructure, utilities and zoning are already in place. The site is located on Ventrupvej at the centre of…
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