Stobart Group is selling part of its Inland Ports asset to Legal & General Assurance (Pensions Management), for £61 million, rising to £62.5m on the satisfaction of further conditions.

Asda has taken delivery of 150 new refrigerated trailers from Schmitz Cargobull.

CitySprint has acquired Coventry-based Goldstar Couriers for an undisclosed sum.

TV pundits got terribly excited the other day when it was announced that the headline GDP growth rate for the last quarter of 2009 was 0.3 per cent rather than the 0.1 per cent that the government originally estimated.

The amount of newly developed warehousing space built in 2009, was the lowest level in a decade, with just over six million sq ft completed according to Gerald Eve’s latest Prime Logistics Bulletin.

TDG has acquired Hungarian transport business RRS Logistics in a move that enables the group to extend its full range of services in Central and Eastern Europe.

International cheese and nutritional ingredients group, Glanbia, has seen picking accuracy levels shoot up to 100 per cent, since installing a voice-directed order picking system at two warehouses and two manufacturing plants in Ireland.

PJH Group, which distributes bathrooms, kitchens and appliances to the home improvement market, has placed a £150,000 order with Solarsoft Business Systems for new voice picking software and Psion Teklogix WORKABOUT PRO units.

Motorola has released the WT1090 – a voice-only wearable terminal designed for voice picking and other distribution applications.

Zetes rolled out a combined voice and Automatic Guided Vehicle (AGV) system for the Co-op in Sweden, which the company says has pushed up productivity by some 70-80 per cent.