Chris
Shareholders of troubled logistics operator Eddie Stobart have approved a plan by major shareholder, DBay Advisors, it to £55m through high-interest bonds. DBay will take control of the company, increasing its stake to 51%. Eddie Stobart chief executive Alex Laffey stood down in the summer following an accounting error that overstated profits by £2 million, leading to a collapse in its share price.
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Road access to the Suez Canal Container Terminal (SCCT) has been radically improved with the opening of the 3rd July tunnel, also referred to as Port Said tunnel, under the Suez Canal, says APM Terminals.
It follows the opening of the Ismailia tunnel earlier this year and the 30th June Axis ...
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Port of Tyne has launched the ‘Tyne 2050’, new strategic plan for the port, a long-term vision that will aims for it to become a gateway to help transform both the region and the maritime industry and fully aligned to the Government’s Maritime 2050 strategy and to the North East ...
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Aberdeen Standard Investments’ AIPUT fund (Airport Industrial Property Unit Trust) has signed a pre-let agreement with airfreight handler dnata for a 115,000sq ft facility at Heathrow dnata City East site, subject to planning consent.
It will operate in conjunction with the newly-completed 250,000 sq ft warehouse also operated by dnata for ...
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Freightliner and Pentalver, now part of Genesee & Wyoming (G&W), have taken delivery of the first six trucks of a 100-vehicle replacement project at Freightliner's Coatbridge terminal.
The six DAF CF450 tractor units meet G&W’s standardised safety specifications, including front and side safety cameras, internal driver side mirrors, lane deviation, emergency ...
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Palletforce, which recently became part of the EV Cargo group, has appointed former The Pallet Network (TPN) chief executive Adam Leonard as member relations director from January 2020, taking over from David Breeze who moves to the new position of commercial and international director.
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Portsmouth International Port won the International Quality Organisation of the Year award at the 2019 International Quality Awards in London on 27 November.
Organisers the Chartered Quality Institute said Portsmouth was acknowledged as being a leader in the quality sector, and in 2018 was also one of the first organisations in ...
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The current political debate over Brexit has largely ignored the question of whether any free trade deal with the US would counter the damage caused by leaving the EU, says director of Leeds-based Tudor International Freight, Adam Johnson.
The reality, he argues, is that “it wouldn’t come close to doing so”. ...
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International Container Terminal Services (ICTSI) and its local partners have initiated the second phase expansion of the Matadi Gateway Terminal in the Democratic Republic of the Congo (DRC), srving the capital, Kinshsa. The Phase 2 expansion will more than double annual throughput capacity to 400,000teu a year. There are also ...
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Nottingham-based forwarder Baxter Freight has recruited an additional 11 members to its team and is on track to achieve its goal of increasing employee numbers to 120 by 2021. The largest area of expansion has been in the account management team and the company is now looking for additional account ...
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