Browsing: Logistics & Supply Chain

When Swiss-based transport company Kuehne & Nagel acquired ACR Logistics, its obvious aim was to expand its global network further into the logistically fashionable Eastern Europe and Asia.

Some 135 jobs have been saved at a haulage business after the firm was bought by its management. Administrators confirmed the milk haulage business and more than 1,500 cattle at DW Weaver in Endon, had been bought and will now trade under the name of Weav

Quinn Glass, the container glass manufacturer, has started using EWS between Widnes and Mossend.

Kuehne & Nagel has completed the acquisition of ACR Logistics for Euro 440m. With more than 40,000 employees in more than 100 countries, it now ranks among the top five global service providers in contract logistics.

Danish group DSV, which trades at DFDS Transport, is launching a take-over bid for Frans Maas, the Dutch logistics provider. It has aqreed with Koninklijke Frans Maas to make a cash offer of 38 euros a share and a majority of KFM shareholders have agreed

Wincanton has generated £150m cash by re-structuring some of its debt. The company says the funds raised are being used to “refinance existing bank facilities and to position the company to take advantage of the opportunities for continued future growth.”

British Airways has extended its relationship with the leading logistics specialist Gist, to manage the receipt, handling and despatch of all of its in-flight retail (IFR) products.

Kent-based transport company UK Freight Masters has switched its palletised distribution network from UK Pallets to Palletforce, one of the fastest-growing networks in the UK.