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.
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.
