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Developer Gazeley and PD Ports have announced a joint agreement to develop up to 1.6 million sq ft of build-to-suit sustainable port centric logistics warehousing in the next phase of development at Teesport in the North east

Panalpina’s gross profit rose to CHF384.3m in the first quarter from CHF365.8m for the first quarter last year

TNT Express was upbeat about its first quarter results despite the fact that operating profit slipped to €17 million. In fact, it said that on an adjusted basis operating profit rose from €21 million to €51 million.