Waste collection company Biffa is set to return to the London Stock Exchange on Thursday (20 October) for the first time in eight years. The waste management company is looking to raise £262m via a listing to fuel its acquisition drive in the sector, which it sees as ripe for consolidation. Biffa’s return to the stock market got off to a shaky start after it was forced to reduce its Initial Public Offering from a price range of 220p to […]
The London Boroughs Consolidation Centre (LBCC) has named DHL as its long-term freight partner at the Freight in the City Expo last week.
DX Group said it has successfully raised approximately £200.5m through selling shares on AIM this morning, following a 3% increase in turnover for the first six months of its current financial year.
The Co-operative Group’s consolidation of its logistics operations in the South West at a new operating centre in Avonmouth will be completed by April, despite continuing concerns from union Unite. The group’s food wing ceased operations at Chelston, Torbay earlier this month and the Co-op’s Portbury, Bristol site will close on 6 April. In a statement the retailer said operations at the Avonmouth depot commenced in October with the first inbound deliveries of ambient product. It added that 42 warehouse […]