Developer Panattoni is to speculatively develop a 515,000sq ft warehouse in Derby, with construction beginning this month. The Derby 515 warehouse, at 514,193sq ft, it is set to be one of the largest single-unit speculative developments under construction in the country, ahead of the Panattoni Wakefield development of 512,850sq ft, the company said this week. The building is part of Panattoni’s 900,000 sq ft development at Derby Commercial Park, on Raynesway, two miles east of the city. It is already […]
Pall-Ex Group has completed the acquisition of the Fortec Distribution Network. Purchased by a new subsidiary company, For-Ex Distribution Network, it will remain trading as Fortec Distribution and operate as a separate network but be part of the overall Pall-Ex Group of companies.
Ceva has singled out the performance of its business in the UK for having a “very strong year” in 2011 after the Netherlands-based logistics giant revealed a 10% rise in profit. Speaking to MT.co.uk, Leigh Pomlett, president for Northern Europe at Ceva, singled out delivery from the UK and Poland as “two countries that have performed” as, globally, the firm saw revenue rise just 0.7% to €6.8bn (£5.6bn)for the year ending 31 December 2011. EBITDA rose 9.9%, when accounting for […]
Logistics company Shears Bros. (Transport) Ltd has opened a new transport facility and recruited a new general manager.