Browsing: Logistics

DHL is making some 60 staff redundant as well as abolishing a number of temporary posts and short term contracts. In total some 120 jobs are affected. There had been speculation that the number of redundancies could be as high as 250.

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.

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.

UPS has today announced the launch of ‘UPS Mail LogicSM’, a new international mail service that allows customers to streamline their mail operations.

Business Post has warned that it has not achieved the expected margin improvements in its parcels business since its interim results in November.