Rentokil Initial, which owns express operator City Link, is buying Target Express for £210 million. So far, it says, it has received acceptances for 90 per cent of the share capital with the balance expected no later than the end of the year.
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The licensing system for operators of heavy goods vehicles and public service vehicles is be streamlined and modernised saving some £15m a year.
Unilever is running a trial of Electronic Product Code Information Service to collect and access information from within its logistics environment and from trading partners in the supply chain.
TNT Logistics has changed its name to Ceva Logistics following its sale by TNT Post Group to private equity investors.
Gefco is to open its first logistics platform in Russia. A 20,000 sq m facility will be located in Podolsk, near Moscow and is set to open for business in June 2007.
TNT Logistics [now renamed Ceva] has re-ground its floors at its Hams Hall distribution centre bringing it into line with the TR34 DM2 flatness standard.
Wincanton, has won the distribution contract for bulk loads of aviation products and diesel fuels to various RAF stations, warships and Ministry of Defence sites in the UK.
The Freight Transport Association has called for more government action to deal with unroadworthy foreign lorries. It wants the government to commit itself to a database scheme for supporting the effective roadworthiness enforcement of foreign trucks.
The market for mezzanine floors has been fuelled by a recent boom in property prices.
Logistics legend John Harvey is back. Keswick Enterprises, Harvey’s investment vehicle, has bought DDS (Corby), the warehouse and delivery company, and renamed it Enterprise Logistics.
