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FedEx has taken another step in its expansion plan with the £205m takeover of DTW’s domestic express network in China plus DTW’s half share in FedEx-DTW International.

Crate rental company PHS Teacrate is to produce its new IT2 flat screen computer crate in the UK rather than outsource the work to a manufacturer in China.

Anson Properties funded by Standard Life Investments has won permission to build a 300,000 sq ft warehouse on the former William Cook Foundry site in Burton on Trent.