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According to reports on Bloomberg, XPO Logistics is reviving the sale of its European logistics business – a move it initially floated in January but mothballed due to the Covid-19 pandemic. The report went on to say that the sale could top $4.5 billion and that XPO has reached out to potential private equity and…
Xpediator has acquired North Yorkshire-based freight forwarder Nidd Transport for £4.6 million. Established in 1984 Nidd specialises in daily express deliveries to mainland Europe by road with a focus on France, Spain, Portugal and Germany as well as providing distribution in the North of England. Nidd generated revenue of £11 million and an operating profit…
Join us on the Wednesday 14th October at 11am – Vince Sparks, IT Director talks about Eddie Stobart’s technology journey. Working in Partnership, Eddie Stobart and Konica Minolta are hosting a webinar where Guest Speaker Vince Sparks, IT Director at Eddie Stobart will share how the organisation is transitioning towards a paperless office. By reducing…
Stoford Developments and Oxenwood Real Estate have let a new speculatively-built logistics facility at Stone Cross Park in Warrington. The 72,740 sq ft warehouse is located on the site of the former Carlsberg brewery depot at Stone Cross Business Park, Golborne, and will be let to global health and safety manufacturer Globus Group, on a…
Neil Walker has been appointed as managing director at Unipart Rail and Unipart Manufacturing Group. The logistics consultancy has hired Neil Walker as its new managing director for Rail and Manufacturing. Walker joins from MTR Corporation, where he was business development associate. He has previous experience in the development and management of novel rail and…
Wincanton has signed a conditional agreement to dispose of the operations of its container business to Maritime Transport. The operations will be sold for approximately £1.5 million. Wincanton said that the transaction would reduce the group’s annual turnover by approximately £60 million and would also lead to a small increase in underlying profit before tax….
AutoStore has said it has filed three separate complaints against Ocado – including one in the High Court of England and Wales – alleging that the online retailer and technology firm had infringing technology patents central to the Ocado Smart Platform. AutoStore said it was seeking court orders barring Ocado and its partner Tharsus Group from…
The October 2020 issue of Logistics Manager Magazine is now available to read online! Inside you’ll find the latest in depth analysis of Sourcing & Procurement, the next step for the IoT, a sector focus on home delivery, and much more! Cover Story; IoT for everyone? IoT and AI has promised to transform supply chains for…
Take-up of UK logistics space is 111% higher than this time last year, according to the latest research by global real estate advisor CBRE. The third quarter take up levels have surpassed the record-breaking take-up levels in the second quarter of this year to reach a total of 13.33m sq ft. The continuation of strong…
St. Modwen has submitted a planning application to build an additional million sq ft of industrial and logistics space on land adjacent to St. Modwen Park Access 18 scheme in Avonmouth. If approved by local planning authority Bristol City Council, the developer will carry out an eighth phase of development at the scheme, providing further…
The new owners of Asda have promised a £1 billion investment in its supply chain, including an increase in the proportion of UK-based suppliers, while leaning on Walmart to provide “global innovation and buying power”. Walmart will retain an equity investment in Asda after agreeing terms for a £6.8 billion sale of a controlling stake…
Wincanton said its trading had been “resilient’ during the first half of its financial year, with its Digital and eFulfilment business benefiting from increased demand for online retail. In a statement to investors ahead of the publication of first half results on 5 November, Wincanton said it had secured notable contracts during the six-mont period including:…
Mobile picking robot manufacturer Magazino has raised €21 million (£19 million) in funding, in a move that sees Jungheinrich take a stake in the firm and the two parties agree on a broad strategic cooperation in mobile automation. Both Jungheinrich and the European Investment Bank (EIB) led a series B funding round at the Munich-based robotics start-up. Magazino…
Half of all thefts from EMEA supply chains took place in the UK in the first half of 2020, with more than €85 million (£77 million) of products were stolen from air, road, sea and rail freight supply chains. According to data from the Transported Asset Protection Association (TAPA) five of the 46 countries recording cargo…
The next IntraLogisteX Connected webinar – Improving Order Picking Efficiencies – will take place at 2pm on Tuesday 6th October, with speakers from Randex and Pick to Light. In today’s e-commerce environment, speed and accuracy are essential. Customers demand products almost instantly, and the reputation of a retailer is on the line every time an…
A 15 acre site to the east of Heathrow Airport has been snapped up by Oxford Properties and Logistics Capital Partners, with plans for a large-scale urban logistics scheme as demand for e-commerce warehouse space in London rockets. The acquisition is Oxford Properties first direct logistics investment in Europe. Jo McNamara, Head of Europe at…
5 steps to improve the sustainability of your parcel packaging process Businesses today are under increasing pressure from consumers to reduce waste and be more sustainable, all while working within constrained budgets. Socially responsible processes are not only good for the planet and the people who live here, they are also good for building positive…
Fencing and decking manufacturer and installer Fitrite has taken a 21,272 sq ft warehouse at St Modwen Park Doncaster in South Yorkshire. The occupier has signed a 15-year lease on the unit in third and final phase of delivery at the scheme. Completed in Spring 2020, St. Modwen built three speculative industrial and logistics warehouses…
Robert Ross has been appointed chief executive of Xpediator, succeeding Stephen Blyth. Blyth stepped down in June citing health concerns, with former chief financial officer Ross and chief operating officer for Logistics Romania Danor Ionescu will jointly covering the position. Chairman of Xpediator, Alex Borrelli said: “[Ross] has shown since his arrival and in the…
The first in a series of IntraLogisteX: Connected webinars will take place at 10am on Friday 2nd October, with Access MintSoft demonstrating how it can help you make the most of the increased e-commerce demand. In this webinar you’ll be able to discover how software providers are transforming warehouse processes through the development of innovative…
Be ready for 2021 and join your colleagues for the industry event of the year! Logistics UK’s (formerly FTA) industry leading conferences are back virtually for 2020. Delegates will be able to join the event from the safety and comfort of their own home or workplace, via our industry leading online event platform, on Thursday…
Research by property consultant Savills has warned that unless speculative development returns to pre-pandemic levels demand for warehouses will outstrip supply. Savills notes that as well as demand from retailers and e-commerce businesses on the back of the pandemic, manufacturers are also looking to increase their warehouse space to secure their supply chains in a…
XPO Logistics has won a contract with AKW Medi-Care to distribute its products to dealers and consumers in the UK. XPO said its last mile service for AKW would use a truck fleet running an average of 30 routes per day, distributing products to trade and e-commerce customers from AKW’s warehouse in Droitwich Spa, Worcestershire,…
Industrial and logistics specialist Prologis is planning to expand its Prologis Park Beddington Lane scheme in Croydon, South London, following the acquisition of an adjacent 4.5 acre site. The site, which has consent for industrial logistics use, will provide much needed additional space for logistics companies looking to serve both Croydon and the central London…
E-commerce retailer N Brown said it had stemmed product revenue losses in the first half of the year to 21.5%, after it experienced a “sudden and significant decline” during lockdown. The retailer, which accounts for 92% of revenue online, said that apparel sales had continued to recover from mid-March levels and demand for its Home…
Less that a week after Boohoo announced a six-step supply chain recovery programme in the wake of national media reports about working conditions at suppliers, the e-commerce fashion house revealed a 45% increase in first-half turnover. For the six-months to 31 August 2020 turnover rose to £816.5 million, up from £564.9 million in the same…
Ahead of the publication of the Logistics Manager Top 50 Service Providers 2020 – which commences with a week of webinars on 30 November – Logistics Manager can exclusively reveal that the fastest-growing logistics service providers in the UK saw turnover grow at an average of 10.43% in 2018/19. Logistics Manager is currently collating data…
Yesterday, in London, the Mayor’s office committed to a 1 March 2021 start date for minimum commercial vehicle emission standards of Euro-6 across the capital’s low emission zones. It was originally due to be implemented this month, but Covid concerns put the deadline back by four months. This line in the sand led, inevitably, too…
DHL Express has launched riverboat parcel deliver service on the River Thames. The service is operated by Thames Clippers Logistics, and runs daily to transport packages into London. The shipments will be loaded from electric vehicles onto the riverboat at Wandsworth Riverside Quarter Pier, before travelling along the Thames into central London, docking at Bankside Pier…
A second deep freeze storage facility in the UK for frozen logistics operator NewCold is set to see construction commence next month, ahead of operations going live in Q4 2021. The facility will sit on a 23-acre plot in Corby, Northamptonshire, and follows the opening of its 143,000 pallet capacity, 40m high, cold storage plant in…
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