Chief financial officers in businesses worldwide are “shunning risk management in favour of cost cutting, and failing to treat supply chain dangers seriously enough”, according to new research from independent research company Loudhouse and Basware.

Norbert Dentressangle has won a contract to handle UK warehousing and distribution for Cosmeticus H&B, an importer and distributor of beauty, health and hygiene products.

GDL Holdings, the parent company of Gregory Distribution, has bought Kay Transport from owners, Steve and Sheila Winzer.

ALD Automotive says its ProFleet2 telematics system has helped police locate 30 stolen vehicles since it was launched 18 months ago.

Denise Oakley, GXS’ international marketing director has been named vice-chair of the EDIFICE industry association – the first time a vendor member has ever made it to the board.

Freight forwarder Oast Agencies has reported a “significant” upturn in its trade with China following the start of a partnership with China-based BLD Logistics.

AeroLogic, the joint venture cargo airline laucnhed by DHL Express and Lufthansa Cargo has begun operations.

Kuehne + Nagel has won a contract with Quadriga, provider of Internet and entertainment services for the hotel industry across Europe and the Middle East.

Family-run truck trailer manufacturer Cartwright Group has warned that it may be forced to leave the UK for good, because “bureaucracy is stifling its success”.

Pharmaceutical distributor Polar Speed Distribution has chosen Four Soft’s 4S eLog system to improve the management of its UK temperature-controlled warehouses.