Hamburger Hafen und Logistik AG (HHLA) increased its group revenue by more than 6 percent to EUR 1.25 billion in the last financial year (previous year: EUR 1.18 billion) according to preliminary unaudited figures. The group’s operating result (EBIT) of EUR 173 million increased by more than 5 percent (previous year: EUR 164 million). The listed Port Logistics subgroup generated…
Royal Mail’s UK revenue was flat in the nine months to 24th December, with a four per rise for parcels offset by a three per cent decline in letters revenue, according to its latest trading statement. The brightest spot for the business was GLS, the international parcels business which saw a ten per cent rise…
A B&Q warehouse based in Hull has been sold for £11.6 million. The 71,000 sq ft store was bought in November 2016 for £9.4 million with an unexpired lease term of 12 years. It has been sold to an occupational pension fund. “We continue to receive approaches for our retail assets at significant premiums to valuation…
Royal Mail and The Communications Workers Union (CWU) are continuing talks after Professor Lynette Harris mediated talks between the two parties. This comes after a planned strike by CWU members at Royal Mail was deemed unlawful by the High Court. The Union planned a strike over Royal Mail plans to replace the company’s final salary…
Three units have been completed at Multiply, the new commercial development at Harworth’s Logistics North site in Bolton. The units, which are 63,070 sq ft, 55,660 sq ft and 44,771 sq ft in size, are aimed at businesses seeking units adjacent to the motorway network for rapid access to the rest of the region. Multiply…
Fast zwei Drittel der vorwiegend weiblichen Beschäftigten im Handel kommen mit ihrem Einkommen kaum über die Runden. Auch die Einkommenszufriedenheit der Handelsangestellten ist deutlich geringer als im Durchschnitt aller Branchen. Das zeigt die neueste Auswertung des Österreichischen Arbeitsklima Index der AK Oberösterreich. „Das hat nicht nur mit der hohen Teilzeitquote zu tun. Es liegt auch…
Royal Mail has said it is “very disappointed” after 89 per cent of its CWU members voted in favour of industrial action over pension rights. According to the CWU, this is the first strike ballot for Royal Mail since the introduction of Conservative legislation setting thresholds for turnouts and results. In a statement to the…
Thanks to arrangements made with Luka Rijeka’s other shareholders, OT Logistics will be able to operationally manage the Croatian port. After OT Logistics increased its stake in Luka Rijeka to 32.56%, a cooperation agreement was executed with Croatian pension funds Allianz ZB d.o.o. and ERSTE d.o.o. In aggregate, the shareholders signing the agreement control 56.56%…
The Communications Workers Union is to ballot its members at Royal Mail on industrial action over plans to replace the companies final salary pension scheme. In a statement, Royal Mail said it was disappointed that the CWU has issued a formal notice to ballot for industrial action. It argued that under its proposals Royal Mail…
Die Österreichische Verkehrswissenschaftliche Gesellschaft (ÖVG) und der Damen Logistik Club widmeten sich Anfang April 2017 der Ausbildungsfrage. Auch am e-Day der WKO war eine Lern-Quiz-App für Lehrlinge Topthema. In zahlreichen Erklärungen kam zum Ausdruck, wie vielfältig die Probleme der Wirtschaft hinsichtlich der Personalrekrutierung sind. Beim Versuch die unterschiedlichen Zugänge zum Thema auf einen Nenner zu…
DX and John Menzies have revised the terms of the reverse takeover of DX by Menzies Distribution in an effort to win over disgruntled DX investors. As a result DX shareholders would own 35 per cent of the enlarged business, instead of 20 per cent under the original deal. The takeover had been opposed by…
Die ÖBB-Tochter Rail Cargo Austria AG (RCA AG) bekommt mit Thomas Kargl ein neues Vorstandsmitglied. Er tritt am 1. Juni die Nachfolge von Ferdinand Schmidt an. Das hat der RCA-Aufsichtsrat am 25. April beschlossen und einen Tag später dem Aufsichtsrat der ÖBB Holding zur Kenntnis gebracht. Thomas Kargl war bereits in diversen Güterverkehr-Bereichen der ÖBB…
Die ÖBB-Tochter Rail Cargo Austria AG (RCA AG) bekommt mit Thomas Kargl ein neues Vorstandsmitglied. Er tritt am 1. Juni die Nachfolge von Ferdinand Schmidt an. Das hat der RCA-Aufsichtsrat am 25. April beschlossen und einen Tag später dem Aufsichtsrat der ÖBB Holding zur Kenntnis gebracht. Thomas Kargl war bereits in diversen Güterverkehr-Bereichen der ÖBB…
Royal Mail is to close its defined benefits pension plan to future accrual from March next year – a move that has been greeted with dismay by the Communication Workers Union and Unite.The company has been consulting on the future of the scheme and said: “The Plan is currently in surplus but we expect the…
Gatemore, the DX investor, has withdrawn its requisition for an extraordinary general meeting, but it has reaffirmed its opposition to the proposed reverse takeover by Menzies Distribution. Liad Meidar, managing partner of Gatemore, had demanded the EGM to push through changes to the DX board, but in the letter withdrawing the requisition, he said: “The…
The proposed reverse takeover of DX Group by Menzies Distribution has been attacked as a “bad deal for DX shareholders” by Gatemore Capital Management which owns 11 per cent of DX’s shares. Under the terms of the deal, John Menzies shareholders would own 75 per cent of DX’s issued share capital while another five per…
DX and John Menzies’ boards are currently in discussions regarding a potential combination of DX and Menzies’ distribution division. The partnership would see the creation of “of a logistics and parcel carrier of enhanced scale and capability operating through a 24 hour UK wide logistics network.” The combination is predicted to generate cost synergies in…
What are the realities of the big shed market for occupiers post-Brexit. Liza Helps reports. This article first appeared in Logistics Manager, November 2016. It was as though the market was holding its breath prior to 23rd June 2016 and across the board property pundits were reporting a definite slowdown in take up despite seemingly…
Steel work has started to go up on a 580,000 sq ft speculative warehouse development at St Francis Group and iSec’s Horizon 38 scheme in Bristol. The first phase of the scheme forward funded by BP Pension Fund, totals 210,7000 sq ft in five units with the first delivery of completed logistics and manufacturing space coming…
Verdion is to speculatively develop another 565,000 sq ft of logistics space, following the successful year of letting activity at its £500 million iPort development in Doncaster, South Yorkshire. Due to significant demand in the market and a shortage of Grade A warehouse space, Verdion, with its funding partner the Healthcare of Ontario Pension Plan…
Kombination der KION Group mit Dematic schafft führenden Hersteller hochmoderner Materialfluss-Lösungen KION Group bietet jetzt komplettes Portfolio an Materialfluss-Lösungen – von Handhubwagen und Gabelstaplern zu vollautomatisierten Lagersystemen KION Group erwartet einen Kaufpreis für die Anteile in Höhe von etwa 2,1 Mrd. US-Dollar, ausgehend von einem Unternehmenswert von 3,25 Mrd. US-Dollar Dematic trägt bei attraktiven Wachstumsraten…
Combination of KION Group and Dematic creates a global leader in advanced material handling solutions KION Group establishes a provider of the full range of material handling solutions – from hand pallet and forklift trucks to complete fully automated warehouse systems KION Group expects the purchase price for the shares to amount to approx. USD…
Grimaldi Euromed S.p.A., a company of the Grimaldi Group, proceeded with the purchase of additional shares of the Finnish subsidiary Finnlines Plc After carefully evaluating several investment options, the top management of the Grimaldi Group decided to acquire 5,449,032 ordinary shares, corresponding to 10.58 percent of Finnlines’ share capital, from the Finnish pension fund Keskinäinen…
The Freight Transport Association has called on chancellor George Osborne to freeze or cut fuel duty in his summer budget which is due on 8th July. There have been reports that Osborne might increase fuel tax, despite past promises not to. FairFuelUK is holding an event at the House of Commons on 1st July to…
A new speculative warehouse is to be built at Evander Properties’ Revolution Park development near Chorley in the North West. The 183,000 sq ft facility will be funded by British Airways Pension Fund. The development, which benefits from a detailed planning consent, will commence in January 2015 and will be the first big shed to…
In den frühen Morgenstunden des 22. August 2014 war in Vösendorf eine dunkle Rauchwolke weit über die Stadtgrenzen hinaus zu sehen. Grund für diese massive Rauchentwicklung war ein Großbrand einer Produktionshalle ausgelöst durch einen technischen Defekt. Das Feuer zerstörte das komplette Gebäude, sämtliche Werkzeuge und Maschinen fielen den Flammen zum Opfer. Menschen kamen glücklicherweise keine…
Norbert Dentressangle posted 2013 consolidated revenues of €4,032 million, up 3.9% from 2012 reported revenues. Like-for-like growth amounted to 2.4%. A currency loss of 1.6% was recorded for the year. The fourth quarter reinforced the favourable trend witnessed in the third quarter, with revenue growth of almost 10% compared to Q4 2012. Norbert Dentressangle’s…
Wincanton expects to close its final salary pension scheme from 1 April 2014, the company said in an interim management statement. It is consulting on the proposal to replace the scheme, also known as a defined benefits scheme, with a scheme based on defined contributions. It said that about 7.5 per cent of its workforce…
Der durchschnittliche, unselbständige Österreicher verdiente 2011 24.843 Euro brutto, aber 1.051.000 Österreicher leben unter der Armutsgrenze. Mit einer Akademikerquote von 19,3 Prozent liegen wir unter dem OECD-Durchschnitt von 27,6 Prozent. Den letzten Nobelpreis für Österreich gab‘s 2004 in der Rubrik Literatur. Im IMD-Standort-Ranking sind wir auf Platz 23 abgerutscht. Mit Österreich geht’s bergab, am besten…
Flughafen Innsbruck: Langzeit-Direktor Reinhold Falch geht Ende März 2014 in Pension; Marco Pernetta wird sein Nachfolger Auf dem Innsbrucker Flughafen sind in der Vorwoche die Würfel in der Nachfolgefrage für Langzeit-Direktor Reinhold Falch gefallen. Der bisherige Prokurist DI Marco Pernetta (46) übernimmt mit 1. April 2014 die Funktion als Flughafen-Chef. Reinhold Falch tritt Ende März…
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