Christian Salvesen pushed up sales 7.5 per cent to £433m in the first half but tough conditions in the transport market meant that profit before tax and exceptionals was down from £8.1m to £7.1m.
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A recruitment company launched this month aims to develop complete solutions.
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.
The licensing system for operators of heavy goods vehicles and public service vehicles is be streamlined and modernised saving some £15m a year.
Logistics Link South 2007 promises to be bigger than ever with more than one hundred companies representing every facet of supply chain management on show at Sandown Park.
Jungheinrich has outsourced the storage of its lift truck parts held in the UK to Amethyst.
The Institute of Grocery Distribution is hosting a series of one-day interactive sessions to help companies establish where to collaborate to reduce the cost and environmental impact of their deliveries.
DHL is investing US$35 million in Hong Kong to capitalise on the continued growth of the region’s trade.
Kuehne & Nagel has opened a new logistics centre in Japan just two miles from Narita Airport.
Arlington Securities has paid £14m for a vacant shed in Burton-on-Trent as the appetite for investing in distribution property continues unabated.
