Thursday 23rd Mar 2017 - Logistics Manager

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06 Stobart

Eddie Stobart flotation to fund e-commerce growth

Eddie Stobart is to float on the AIM market in a move that is expected to raise £130 million for the company. The company intends to use some of the money to complete a bolt-on acquisition to complement its activities in the e-commerce sector.

Vanderlande exterieur

Toyota to acquire Vanderlande

Toyota Industries Corporation has signed an agreement to acquire automation specialist Vanderlande from NPM Capital, in a deal that reflects Toyota’s ambition to increase its presence in automated material handling.

Geodis study into electric roads

Geodis has joined a consortium of French companies to commission a study on electric highways from the low-carbon consultancy firm Carbone 4.

Consumers want tech to tackle food waste

22 per cent of consumers said they would like technology related to food and grocery to help with reducing food waste, according to new IGD research.

Clan opens new depot

Clan International Transport Services is to open a new depot in North Killingholme, North Lincolnshire.

EU reinstates €776m air cargo fines

The European Commission has re-adopted a cartel decision against 11 air cargo carriers and imposed fines totalling € 776 million for operating a price–fixing cartel.