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Developer Terrace Hill has scored a double on the distribution front in the last few weeks; in a joint venture with Stoford Developments

The Freight Transport Association, has welcomed publication of the Department for Transport’s report on congestion, “Journey Time Reliability on Motorway and Trunk Roads”.

Two recent reports on European logistics have highlighted the opportunities for third party logistics companies and distribution warehouse developers.

Tradeteam, part of DHL Exel, has won a four-year contract worth more than £60 million with Mitchells & Butlers which has brand names such as All Bar One, Harvesters and Vintage Inns.

TDG has signed 10 million euros worth of contracts with food manufacturer Boyne Valley to provide chilled warehousing and the national distribution of Boyne’s food and non-food products in Ireland, for five years.

Developer Graftongate has submitted a detailed planning application for two high specification buildings in Dagenham, Essex on behalf of the Abacus Property Partnership.

TDG saw its headline operating profit rise from £18.6m to £19.6m last year with its margin improving slightly to 3.8 per cent.

Fashion brand Jaeger is developing a new distribution centre in Bergen Way, on North Lynn Industrial Estate in King’s Lynn, Norfolk while its old site is redeveloped as a B&Q DIY store.