Browsing: Logistics

Ed Balls, Economic Secretary to the Treasury, has announced that freight forwarders will be “removed from the scope of FSA insurance regulation”, a move designed to decrease regulation in the industry and help promote its international competitiveness.

Scania has released a £508m (SEK £7bn) special dividend to its shareholders, freeing up cash from within the company and making any other takeover attempt more expensive.

Smeg, the Italian manaufacturer of white goods, has purchased eight new Mercedes Atego rigids to help deliver to retailers and customers around the UK.

Paul Cunningham, previously a partner at LCP Consulting, has been appointed managing director of Holistica Solutions, the new joint venture between APL Logistics and Christian Salvesen.

Wincanton has bought RDL Holdings for £22 million. This is the second business that Wincanton has bought this month, following the purchase of distribution company, Lane Group.