Jungheinrich is investing around 70 million euros (£56 million) in developing two factories in Bavaria and Saxony as it expands its global production.
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The House of Commons Transport Committee has “hit the bullseye” in its Freight Transport report, says the FTA.
Tillery Valley Foods, part of the Sodexo Group, has installed Optrak’s advanced vehicle routeing software.
Contact lens maker CooperVision has hired Meachers Group to provide it with overflow warehousing and local distribution following a period of growth including the acquisition of Ocular Sciences.
Aggregate Industries’ Building Materials division has signed an eight-year partnership deal with TDG worth £50 million annually in a bid to manage its transport operation more efficiently.
Kuehne + Nagel has increased its profit margin by 12.3 per cent during the first half of 2008 despite the economic slowdown, but anticipates a slower growth rate for the second half of the year owing to the “unfavourable economic forecast”.
International logistics forwarder Dachser is set to takeover German chilled goods forwarding company Tank group for an undisclosed sum after acquiring 100 per cent of its shares.
Tyre distributor ATS Euromaster is taking delivery of 150 light commercial vehicles from Mercedes, Iveco and Renault as part of its £4.5 million fleet replacement programme for 2008.
Standard Life and developer Canmoor have bought 5.2 acres of development land from drinks company Diageo in Park Royal for a high-quality industrial/warehouse scheme of two units totalling 150,000 sq ft, to be known as Thunder and Lightning.
Mercedes-Benz has secured a five-year lease at £4.50 per sq ft on Yorkstream Properties’ 105,000 sq ft MK1 warehouse on Denbigh Road, Bletchley, Milton Keynes.
