Logistics Manager Magazine https://www.logisticsmanager.com Pan-sector news, insight and analysis for logistics practitioners and supply chain strategists Mon, 19 Aug 2019 09:59:07 +0000 en-GB hourly 1 https://wordpress.org/?v=5.2.2 DSV completes Panalpina takeover https://www.logisticsmanager.com/dsv-completes-panalpina-takeover/ https://www.logisticsmanager.com/dsv-completes-panalpina-takeover/#respond Mon, 19 Aug 2019 09:42:28 +0000 https://www.logisticsmanager.com/?p=38755 DSV completes its takeover of Panalpina today, creating DSV Panalpina, which will have sales of some £14.5 billion and employ 60,000 people in 90 countries. It said appointment of a new executive management team is likely to occur within the next week. The integration will then move in to the regions and countries as well […]

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DSV completes its takeover of Panalpina today, creating DSV Panalpina, which will have sales of some £14.5 billion and employ 60,000 people in 90 countries.

It said appointment of a new executive management team is likely to occur within the next week. The integration will then move in to the regions and countries as well as global and HQ functions.

Chief executive Jens Bjørn Andersen said: ” Our two companies will achieve more together, creating even more value for all our stakeholders. The settlement of the deal marks the beginning of the integration process, during which we will strive to provide the high level of service our customers know and rely on.”

As a result of the deal Kurt Kokhauge Larsen, DSV chairman, will become chairman of Panalpina, while Jens Bjørn Andersen, Jens H Lund and Thomas Stig Plenborg will join the Panalpina board.

Pending the approval at an extraordinary general meeting, DSV A/S will change its registered name to “DSV Panalpina A/S”. As the integration progresses, all subsidiaries and operational activities, however, will be united under the DSV name and brand.

The entire integration period is expected to take two to three years, with most of the operational integration being completed within two years.

The value of the deal is £4.3 billion (CHF 5.1bn). DSV expects to achieve cost synergies of some £270m (DKK2,200m) from consolidation of operations, logistics facilities, administration and IT infrastructure. The cost synergies are expected to have full-year effect by 2022.

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New global distribution hub for Croda https://www.logisticsmanager.com/new-global-distribution-hub-for-croda/ https://www.logisticsmanager.com/new-global-distribution-hub-for-croda/#respond Mon, 19 Aug 2019 09:40:07 +0000 https://www.logisticsmanager.com/?p=38752 Speciality chemical company Croda Europe has pre-let a 376,150 sq ft distribution warehouse on the Goole 36 Enterprise Zone in East Yorkshire. The property is to be developed by Tritax Big Box REIT’s dedicated logistics developer, db symmetry. The facility is being let on a 20 year lease at a rent of £1.3 million a year […]

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Speciality chemical company Croda Europe has pre-let a 376,150 sq ft distribution warehouse on the Goole 36 Enterprise Zone in East Yorkshire.

The property is to be developed by Tritax Big Box REIT’s dedicated logistics developer, db symmetry.

The facility is being let on a 20 year lease at a rent of £1.3 million a year subject to an annually payable RPI linked rental uplift of between 1 per cent and 3 per cent a year.

LondonMetric Property has agreed to forward fund the scheme to the tune of £24 million reflecting a yield on cost of 5.2 per cent.

Initially there will be a 232,150 sq ft first phase of the warehouse facility. There is planning for a further 140,000 sq ft extension on the 33-acre site, which will be developed at a later date.

Croda, which creates, makes and sells speciality chemicals, has announced it is to invest more than £7 million into the fit out of the new facility. The site will become its worldwide distribution hub for products made at its three northern UK manufacturing sites and for the European delivery of products made across its global network.

dbSymmetry has worked closely with Croda to design and build a warehouse to exceptionally high safety and environmental standards. Energy and water saving measures will be key features of the project, combined with a zero waste to landfill policy. Investment in new automated processes and an anti-collapse racking system will offer the highest level of protection to employees at the site.

Speaking about the deal, Freddie Oakey, associate development director at Tritax Big Box REIT’s developer, db symmetry, commented: “Over the last 18 months we have become increasingly active in Yorkshire, identifying strategic sites where we can develop large scale logistics schemes. Goole 36 alongside the existing Capitol Park site is already well-established and the letting to Croda will only further increase Goole’s standing as a premier logistics destination in the North.”

Located adjacent to Junction 36 of the M62, the 33 acre site will have a very low site density of 16 per cent. Construction commences imminently and is expected to complete in mid-2020.

Andrew Jones, chief executive of LondonMetric, said: “This latest distribution investment is let to a high quality occupier who is an existing customer of ours. It benefits from a very long lease at an attractive yield that is inflation linked and will further improve the quality of our portfolio as well as offer further occupier-led development potential.”

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Tigers opens e-commerce centre https://www.logisticsmanager.com/tigers-opens-e-commerce-centre/ https://www.logisticsmanager.com/tigers-opens-e-commerce-centre/#respond Mon, 19 Aug 2019 09:38:14 +0000 https://www.logisticsmanager.com/?p=38750 Tigers South Africa has opened a dedicated e-commerce centre at its warehouse in Johannesburg, South Africa, to meet the growing demand for online retail. Managing director Paul Lawrence said: “The new e-commerce facility will take Tigers South Africa to the next level, as the online retail market continues to be a key focus for us. […]

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Tigers South Africa has opened a dedicated e-commerce centre at its warehouse in Johannesburg, South Africa, to meet the growing demand for online retail.

Managing director Paul Lawrence said: “The new e-commerce facility will take Tigers South Africa to the next level, as the online retail market continues to be a key focus for us.

“With the on-going e-commerce revolution and digital technology transforming the way consumers shop, we find ourselves in a very good strategic position to further enhance and grow this vertical for Tigers.”

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St Modwen starts work on Bury site https://www.logisticsmanager.com/st-modwen-starts-work-on-bury-site/ https://www.logisticsmanager.com/st-modwen-starts-work-on-bury-site/#respond Mon, 19 Aug 2019 09:36:37 +0000 https://www.logisticsmanager.com/?p=38748 St Modwen has started work on the first phase of development at Chamberhall Business Park, Bury, with the build of 130,000 sq ft of industrial and logistics space underway. It will deliver 14 units ranging from 2,500 – 25,000 sq ft, with the first phase due to complete in September.

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St Modwen has started work on the first phase of development at Chamberhall Business Park, Bury, with the build of 130,000 sq ft of industrial and logistics space underway.

It will deliver 14 units ranging from 2,500 – 25,000 sq ft, with the first phase due to complete in September.

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International services director for Yodel https://www.logisticsmanager.com/international-services-director-for-yodel/ https://www.logisticsmanager.com/international-services-director-for-yodel/#respond Mon, 19 Aug 2019 09:00:26 +0000 https://www.logisticsmanager.com/?p=38757 Yodel, has appointed Jayne James as director of international services, following the opening of its first international office in Chengdu, China last year. James was previously with Deutsche Post DHL Group, where she focused on cross border ecommerce growth to Europe and America. She will report into chief commercial officer Sam Holden, and will work […]

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Yodel, has appointed Jayne James as director of international services, following the opening of its first international office in Chengdu, China last year.

James was previously with Deutsche Post DHL Group, where she focused on cross border ecommerce growth to Europe and America.

She will report into chief commercial officer Sam Holden, and will work alongside Duncan Lee, director of international business development.

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DHSC plans £25m emergency medicine contract https://www.logisticsmanager.com/dhsc-sets-out-25m-emergency-medicine-plan/ https://www.logisticsmanager.com/dhsc-sets-out-25m-emergency-medicine-plan/#respond Fri, 16 Aug 2019 09:00:05 +0000 https://www.logisticsmanager.com/?p=38733 The Department of Health and Social Care has set out plans for a £25 million express freight contract to deliver medicines and medical products into the country after the UK leaves the European Union on 31st October. The fact that the DHSC was working on a plan was revealed last month in a notice in […]

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The Department of Health and Social Care has set out plans for a £25 million express freight contract to deliver medicines and medical products into the country after the UK leaves the European Union on 31st October.

The fact that the DHSC was working on a plan was revealed last month in a notice in TED, the European Union’s Tenders Electronic Daily (Logistics Manager, 8th July).

The department said service is intended to deliver small parcels of medicines or medical products on a 24-hour basis, with additional provision to move larger pallet quantities on a 2- to 4-day basis. The service will be available to the whole of the UK.

While the majority of goods will be standard medicines and medical products, the express freight service can also deliver temperature-controlled products if needed.

The contract will run for 12 months, with a possible further 12-month extension. Potential bidders have until 21 August to submit proposals. The successful provider(s) are expected to be announced in September.

The DHSC said the service will provide an additional level of contingency as part of preparations to leave the EU on 31 October whatever the circumstances, supported by an additional £2 billion from the Treasury across government.

This money includes £434 million to help ensure continuity of vital medicines and medical products through freight capacity, warehousing and stockpiling.

The new service will support existing plans already in place, including:

– building buffer stocks of medicines and medical products

– changing or clarifying regulatory requirements so that companies can continue to sell their products in the UK if we have no deal

– strengthening the process and resources used to deal with shortages

– procuring additional warehouse capacity

– supporting companies to improve the readiness of their logistics and supply chains to meet the new customs and border requirements for both import and export

Health Minister Chris Skidmore said: “This express freight service sends a clear message to the public that our plans should ensure supply of medical goods remains uninterrupted as we leave the EU.”

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Yodel uses new trailer gate to reduce accidents https://www.logisticsmanager.com/yodel-uses-new-trailer-gate-to-reduce-accidents/ https://www.logisticsmanager.com/yodel-uses-new-trailer-gate-to-reduce-accidents/#respond Fri, 16 Aug 2019 08:59:01 +0000 https://www.logisticsmanager.com/?p=38740 Yodel has partnered with trailer manufacturer Cartwright to develop a safety gate to protect workers from falling items when trailers are opened. These gates have been fitted to 50 new trailers. The gate uses two bifold mesh gates which can be opened individually, replacing the standard fabric net. It allows workers to open the back […]

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Yodel has partnered with trailer manufacturer Cartwright to develop a safety gate to protect workers from falling items when trailers are opened.

These gates have been fitted to 50 new trailers. The gate uses two bifold mesh gates which can be opened individually, replacing the standard fabric net.

It allows workers to open the back of the trailer and see clearly what is inside, without the risk of loose loaded items falling on them. If there is a danger that some items may fall, then sections of the bifold gates can be opened individually and the items reorganised or removed in a controlled manner.

Andy Johnson, director of health, safety, environment & quality at Yodel, said: “Working with key partners, like Cartwrights, is part of our on-going commitment to think outside the box, as we develop solutions to help make the industry safer.”

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Profits rise 17 per cent at Maersk https://www.logisticsmanager.com/profits-rise-17-per-cent-at-maersk-2/ https://www.logisticsmanager.com/profits-rise-17-per-cent-at-maersk-2/#respond Fri, 16 Aug 2019 08:56:47 +0000 https://www.logisticsmanager.com/?p=38738 AP Moller – Maersk increased EBITDA by 17 per cent to 1.4 bn in the second quarter, on revenue up slightly at $9.6bn. The Ocean business continued to recover with enhanced unit cost, utilisation and reliability and revenue grew 2.9 per cent to $7.2bn. EBITDA in the Ocean business was up 25 per cent to […]

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AP Moller – Maersk increased EBITDA by 17 per cent to 1.4 bn in the second quarter, on revenue up slightly at $9.6bn.

The Ocean business continued to recover with enhanced unit cost, utilisation and reliability and revenue grew 2.9 per cent to $7.2bn. EBITDA in the Ocean business was up 25 per cent to $1.1bn on the back of the increases in volume and freight rates.

In Logistics & Services EBITDA grew to $61m in Q2 compared to USD 52m in the same quarter last year. Revenue was at USD 1.5bn, positively impacted by increased revenue in supply chain management, but offset by declining revenue from sea and air freight forwarding.

During the first half of 2019, AP Moller – Maersk formed one sales organisation to focus on giving customers an integrated experience.

Chief executive Søren Skou “The transformation progressed further with an improved cash return on invested capital of 6.9 per cent and synergies of USD 1bn realised earlier than expected. Growth in revenue and gross profit in Logistics & Services still need to improve as we continue to build capabilities within logistics and services.”

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MPs to probe impact of global trade on the environment https://www.logisticsmanager.com/mps-to-probe-impact-of-global-trade-on-the-environment-2/ https://www.logisticsmanager.com/mps-to-probe-impact-of-global-trade-on-the-environment-2/#respond Fri, 16 Aug 2019 08:48:06 +0000 https://www.logisticsmanager.com/?p=38735 MPs are to look at how the growth of international trade is affecting the environment – including the impact of transporting goods. The House of Commons International Trade Committee will examine how the government should address environmental issues in its trade and investment policy – including at the WTO and in future trade agreements. Committee […]

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MPs are to look at how the growth of international trade is affecting the environment – including the impact of transporting goods.

The House of Commons International Trade Committee will examine how the government should address environmental issues in its trade and investment policy – including at the WTO and in future trade agreements.

Committee chair Angus Brendan MacNeil said: “Increased levels of international trade can lead to negative environmental outcomes due the requirements of producing and transporting goods – which can be energy and resource intensive.

“Counter to this, however, is the argument that increased trade can boost a country’s economic growth and access to new technologies – and therefore its ability to manage environmental challenges.”

The committee wants to consider how the government can support positive environmental outcomes through trade policy – including the achievement of the internationally agreed climate targets set out in the Paris Agreement, and how the negative environmental impacts of trade can be mitigated.

The committee is inviting submissions on the following questions:

* What is the relationship between trade and investment liberalisation and environmental outcomes?

* How effectively do trade and investment agreements address environmental issues, including climate change?

* How does and should the Government approach issues of the environment and climate change in its trade and investment policy, and its work on export promotion?

* How might the Government seek to address environmental issues, including climate change as part of its trade policy post-Brexit?

* How can the imposition or reduction of tariffs on trade in goods be used to pursue environmental aims?

* How can coherence be ensured between trade and environmental policy across Whitehall?

The deadline for written submissions is Tuesday 1st October.

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Strong growth for HGV market https://www.logisticsmanager.com/strong-growth-for-hgv-market/ https://www.logisticsmanager.com/strong-growth-for-hgv-market/#respond Thu, 15 Aug 2019 13:02:58 +0000 https://www.logisticsmanager.com/?p=38721 The heavy goods vehicle market jumped 46 per cent in second quarter as operators went on a buying spree ahead of the mandatory fitment of smart tachographs in June. As a result, registrations in the first half of the year were up 34 per cent on 2018 at 27,464 units, according to the Society of […]

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The heavy goods vehicle market jumped 46 per cent in second quarter as operators went on a buying spree ahead of the mandatory fitment of smart tachographs in June.

As a result, registrations in the first half of the year were up 34 per cent on 2018 at 27,464 units, according to the Society of Motor Manufacturers and Traders.

Growth was particularly strong for rigids between 6 and 16 tonnes – up 37.6 per cent to 5,464 units. Registrations of rigids over 16 tonnes were up 31.4 per cent to 10,267.

Registrations of artics were up 35.3 per cent to 11,551.

DAF Trucks maintained its position as market leader in the first half with a share of 27.6 per cent. It was followed by Mercedes at 17.7 per cent, Scania at 15.3 per cent and Volvo and 14.7 per cent.

SMMT chief executive Mike Hawes warned: “This significant performance means we may see the market level out throughout the second half of the year, especially given the role on-going political and economic uncertainty could play in deterring further commitments to big fleet purchases.”

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