Deep water port DP World Southampton is set to be transformed with £40m of infrastructure investment, after receiving Freeport status last month. Work on the port, which is Britain’s second largest container terminal, will begin this year with the aim of elevating it to a premier international freight and logistics hub. The investment programme includes the dredging and widening of berths, which was conducted in partnership with Associated British Ports and completed before Easter. Other works include a £10m investment […]
Suttons Tankers has landed a major five-year contract with BOC to provide inter-branch trunking services for the movements of full and empty gas cylinders across the UK.
Fagan & Whalley’s growth plans continue apace, with the logistics company intending to expand into additional warehousing space this spring.
Stobart Group has entered the savings market with a new six-year retail bond. The retail bond is aimed at small investors, and will yield a fixed-rate of 5.5% per annum, while providing Stobart with another funding stream. Well known retail brands names such as Tesco, John Lewis and National Grid already market bonds, which offer investors relatively attractive interest rates in exchange for tying up their money. Stobart bonds will available to buy and trade on the London Stock Exchange, […]