News
Moller-Maersk avoiding pirates
AP Moller-Maersk, the world’s largest shipping company, has changed routes for some of its more ‘vulnerable’ ships to avoid the pirate-infested waters off the coast of Somalia.
KB Event invests £1 m
Entertainment logistics company KB Event has bought 12 additional vehicles at a cost of £1 million
Infonic wins NHS subcontract
Software group Infonic has introduced its software to logistics group DHL’s operations across the NHS.
Quantum named supply chain solution of the year
Software company Quantum Retail has won an award for its supply chain solutions for retailer New Look.
TUI profit down but upbeat for 2008
Germany's TUI AG posted a 2.9 percent drop in third-quarter group net profit but said on Friday it remained upbeat for the rest of the year despite the economic downturn.
Supply chain boost for Sainsbury’s
Supply chain improvements have helped to boost Sainsbury’s profits despite the slowdown in the economy.
ProLogis to offer three year leases across UK portfolio
ProLogis is offering leases from three years with six monthly break clauses thereafter across the whole of its wholly-owned five million-square foot portfolio in the UK, say property sources.
Babcock half year profit up 30 percent
Support services group Babcock International on Tuesday reported a 30 percent increase in first half profit and said the prospects for further growth within its core markets are good.
DHL to cut 9,500 jobs in U.S.
Deutsche Post will slash 9,500 jobs and halt U.S. domestic services at its DHL Express unit after failing for five years to gain share in a market dominated by United Parcel Service and FedEx Corp .
Maersk expected to post profit for Q3
Danish shipping group A.P. Moller - Maersk is expected to report net profits of DKK16.4 billion (£1.79 billion) in the first nine months of 2008.
PD Ports, EWS launch container train service
PD Ports, operator of the deep water port at Teesport, and rail freight operator EWS have launched a new high cube capacity container train service between the North East of England and central Scotland.
Wincanton first half profit up 6 percent
(Reuters) - Supply chain company Wincanton on Thursday posted a 6 percent rise in first-half profit and said its core business is performing well and that it is confident on its prospects for the full-year and beyond.
FirstGroup underlying profit up 44 percent
Bus and train operator Firstgroup said its second half had started well with trading in line with expectations, as acquisitions helped it post a 44 percent rise in underlying first-half profit.
DHL signs five-year deal transport deal with Synthomer
DHL Exel Supply Chain’s industrial sector has signed a five year deal to provide Synthomer, the global synthetic polymers business, with bulk transport services in the UK effective January 1 2009.
Network Rail to receive less funding from regulator
The Office of Rail Regulation ruled that future funding would be less than Network Rail demanded.
Stagecoach says trading in line with expectations
Scottish bus and rail company Stagecoach said on Wednesday its trading since August 28 had been in line with expectations, while it expects to be resilient through an economic downturn.
Palletforce appoints non-executive Chairman
Palletforce has named John Brotherton non-executive chairman, taking over from Iain McAulay who steps down in January.
TDG announces senior management changes
Following the acquisition by LIT plc, TDG has announced a series of management changes.
Scania Q3 profit rises, adjusts production rate
Scania AB, Sweden's second-largest truckmaker, said third quarter profits rose 3.6 percent, driven by higher vehicle volume and increased prices.
Stobart Group reports solid H1
Stobart Group Limited, one of the UK’s leading providers of multimodal transport and logistics solutions reported profit before tax of £11 million for the first half on October 23.