Although the heroics of Team GB at London 2012 already feel like a long time ago, UPS, which was named logistics and express delivery partner to the Games in January 2009, doesn’t officially wrap up its involvement until the end of this month. The winding down and effective closure of two warehouses, in Stevenage and the Port of Tilbury, will bring the curtain down on a supply chain that handled 30 million items, and dealt with everything from demanding broadcasters, […]
The transport and logistics sector is set for a flurry of mergers and acquisitions this year, according to advisory firm KPMG, following a year of subdued activity in 2011. Steffen Wagner, European head of transport transactions at KPMG, says: “This year certainly took off to a promising start. Many companies, particularly in the logistics segment, are sitting on full coffers and are ready for increased strategic acquisitions.” He adds that any activity will rely on three main factors: GDP development […]
UPS has appointed David Abney as CEO. He replaces Scott Davis, who will retire later this year.
Transport for London (TfL) has removed certain Olympic Route Network (ORN) restrictions today. TfL has previously stated that the ORN will be adjusted to meet demand throughout the Games period, for example with restrictions around Wimbledon to be lifted shortly after the Olympic tennis concludes. Leon Daniels, TfL’s MD for surface transport, says: “More alterations will follow as venues cease operation, and we’ll continue to keep Londoners and businesses, including freight, taxi and private hire drivers informed.” The alterations are: […]