Hellmann Worldwide Logistics has leased space at Prologis UK’s new Apex Park in Daventry. The 3PL said it will use the 85,000ft2 facility to service a number of new and existing companies. Hellmann will move into the site in April this year, once Prologis has completed construction of the park. Andrew Sulston, director of contract logistics and consulting at Hellmann Worldwide Logistics, told MT: “The new distribution centre has been taken on due to continued growth in our contracts, logistics […]
The UK arm of German transport giant Hellmann Worldwide Logistics is poised to take advantage of the opportunities Brexit will bring.
The future of Hellmann Worldwide Logistics rests on the success of a major refinancing deal being negotiated by its German parent company, the 3PL’s auditor KPMG has warned.
TNT said it is more certain about its future after the collapse of its multi-billion euro acquisition by UPS last week, despite analysts warning that the industry giant needs to “work out what is going on”. UPS pulled the plug on the €5.16bn (£4.31bn) deal after it became clear that the European Commission (EC) would veto the acquisition, which had been bogged down in EC red tape for the past 10 months, due to competition concerns. UPS said it was […]