TNT Express has rejected a takeover bid from UPS of 9 euros per share valuing the company at almost 5.4bn euros (£4.5bn), though it said talks would continue
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More of the industry’s biggest names have signed up to exhibit at Logistics Link South, which opens tomorrow at Sandown Park, Esher
Philips has taken delivery of a fleet of Flexi G3 articulated trucks at its factory at Hamilton in Scotland where it makes low pressure sodium lamps and luminaries
Electronics firm Maplin has enlisted internet start-up firm Shutl to provide its customers with delivery within 90 minutes
Eddie Stobart has agreed a deal with Muse Developments to take occupation of the 67,689 sq ft Pinnacle building at Eurocentral for fifteen years
Jeyes, the manufacturer of household cleaning products, has awarded a five year contract extension worth over £13 million to DHL
The world’s largest container line, Maersk, is cutting its vessel capacity on the Asia-Europe route by nine per cent saying that ocean-capacity on the route had pushed freight rates to unsustainably low levels
Brakes Group reckons it will achieve fifty per cent of the Driver CPC for its entire team of 1,929 existing lorry drivers across the UK and Ireland by May
Palletforce member Alan Firmin is moving to a bespoke depot at Kemsley in Kent in March after outgrowing its existing site at Snodland
Fresh Connection champion Mars is returning to compete in the 2012 competition.