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The TNT group saw operating profit (EBIT) fall 34 per cent to 648m euros for 2009. Sales were down 6.7 per cent to 10.4bn euros “mainly as a result of the various one-offs and impairments”.

The number of business failures is continuing to fall in 2010, according to business information provider Equifax.

Farmers’ co-operative First Milk has signed a contract with Bibby Distribution worth £50 million to provide a farm collection service in west Wales, as well as retaining a similar contract in Scotland and north Cumbria.

Cat has launched the N-Series of 4.0 – 5.5 tonne lift trucks to replace the existing K-Series, which had reached the end of its lifecycle.

Landmark Wholesale, the buying group, has selected Oakland Distribution to providing a centrally located ambient and chilled consolidation service to Landmark’s 32 independent wholesale members and their UK customer base