Kuehne + Nagel has posted a 13.2 per cent drop in EBITDA to £545.8 million (CHF 885 million) for the year ended 31st December 2009 compared to the previous year.
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Stobart Group is selling part of its Inland Ports asset to Legal & General Assurance (Pensions Management), for £61 million, rising to £62.5m on the satisfaction of further conditions.
Asda has taken delivery of 150 new refrigerated trailers from Schmitz Cargobull.
CitySprint has acquired Coventry-based Goldstar Couriers for an undisclosed sum.
The amount of newly developed warehousing space built in 2009, was the lowest level in a decade, with just over six million sq ft completed according to Gerald Eve’s latest Prime Logistics Bulletin.
TDG has acquired Hungarian transport business RRS Logistics in a move that enables the group to extend its full range of services in Central and Eastern Europe.
Business secretary Lord Mandelson has unveiled ambitious plans to make the West Midlands a leader in low carbon technologies which will have significant supply chain implications.
PJH Group, which distributes bathrooms, kitchens and appliances to the home improvement market, has placed a £150,000 order with Solarsoft Business Systems for new voice picking software and Psion Teklogix WORKABOUT PRO units.
One e-commerce retailer has found strong customer support for moving over to a more environmentally friendly box filler.
International cheese and nutritional ingredients group, Glanbia, has seen picking accuracy levels shoot up to 100 per cent, since installing a voice-directed order picking system at two warehouses and two manufacturing plants in Ireland.
