A year after acquiring a 90% controlling stake in Europa Worldwide Logistics, MD Andrew Baxter said the firm is on track to hit its growth targets, although that will come with a short-term dip in profit. Baxter told MT: “It is our objective to be the number one groupage operator in the UK. That will be achieved, but there is a question of how long it will take to achieve that. Our growth will be held up because we are […]
Logistic company Kuehne + Nagel has sold its Renault Trucks dealership RH Commercial Vehicles for an undisclosed sum, a year after it bought its parent company The RH Group for £66.9m. The new owners of the East Midlands dealership, that employs 55 people, include its current MD Nigel Baxter and general manager Paul Pearson, who becomes commercial director, as well as Neville and Peter Baxter. Last year the dealership turned over £16m from sales, parts and servicing from its head […]
Kuehne + Nagel and DHL Tradeteam are working with Costa owner and customer Whitbread on an initiative to standardise product information, removing cost and complexity from the supply chain. The project is running in parallel with the Premier Inn-owner’s involvement with the Food Service Directors’ Group (FSDG’s), which also includes Brakes, Mitchells & Butlers, Unilever and Compass in membership. At a launch event last week for FSDG’s report, The Food Service Information Challenge, the authors claimed standardising product labelling could […]
Bidvest Logistics has signed a lease with Prologis on a 116,000ft² space in Prologis Cabot Park in Avonmouth, Bristol.