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Falling container rates and higher fuel costs meant that Neptune Orient Lines (NOL) posted a net loss of US$67 million (£42m) for the first half of 2011 compared to $1m (£620,000) profit in the same period a year ago
Iveco is launching the latest version of its light commercial vehicle range, the New Daily, which will be available in the UK from November
Hellmann East Europe has opened an office at Borispol airport near Kiev in the Ukraine – its fourth site in the country
Kion Group, which owns Linde and Still forklift truck brands, has reported operating profit (EBIT) of 168m euros for the first half – up from 21m euros last year
Psion has posted a £5.2 million loss for the first half of 2011, after being hit by supply problems for one of its products
The British Racing Drivers’ Club, which owns the Silverstone racing circuit, has submitted a planning application to develop a business park and technology park at the site which is near Towcester in Northamptonshire
Menlo Worldwide Logistics has appointed Marco van Walraven as director of operations, Europe, and Edwin Schouten as senior manager, transport, Europe
Diesel engine manufacturer Perkins has renewed its logistics contract with DHL Supply Chain for two years
A Bristol property agent has called for an “Enterprise Zone” stimulus for distribution after the last 35,000 sq ft warehouse in the area was let to JJ Food Service
