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British Airways World Cargo has posted a 22 per cent increase in commercial revenue to £178 million for the first quarter of its financial year; however its fuel bill for the same period was 51.2 per cent more than the previous year.

Barloworld Handling has invested £6 million in 340 Hyster forklifts for its short-term hire fleet, increasing its total investment over the last year to £10 million.

The Ministry of Defence has renewed its contract with freight exchange service Freightex to use its software to optimise its road freight.

Kellogg’s has relocated its cereals and food warehousing to a site in Manchester’s Trafford Park, which is to be managed by TDG on a five-year contract worth around £11 million annually.

Who owns the logistics industry? On the face of it, that might seem a bizarre question, but even a superficial survey reveals changing patterns of investment around Europe.

Technological developments are also having an impact on the market. NFT’s David Frankish says: “Technology can provide further cost efficiencies and continue to enhance customer service. For example, we recently introduced Masternaut’s Three-X system, whi