Chris Lewis
Marks and Spencer Group is to acquire its long term food distribution partner Gist from BOC Group subsidiary, Storeshield. M&S will acquire the entire share capital of Gist for an initial £145m in cash with a further £85m plus interest from the proceeds of the intended onward disposal of freehold properties. M&S could also retain the freehold properties should it wish to do so for the full amount of £110m.
As ...
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Transport Secretary Grant Shapps has promised an additional hourly freight slot on the Transpennine rail route as part of an upgrade package. The Government has announced £950 million for next phase of TransPennine Route Upgrades, which will include electrification, new signalling and doubling tracks from two to four between Huddersfield ...
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OOCL is switching to electronic bills of lading, powered by digital solutions provider IQAX Limited, and built on the Global Shipping Business Network blockchain platform. The eBL solution not only offers issuance of online eBLs, but also enables different parties such as shippers, cargo owners, forwarders and banks to manage ...
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Turkish Airlines and Vietnam Airlines signed a memorandum of understanding (MoU) at the Farnborough International Airshow to strengthen bilateral cooperation, including cargo. The two carriers aid they would cooperate more closely in cargo transport through a codeshare partnership, which is expected to take effect in 2023. In the future, the ...
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Indian-owned logistics IT firm Kale Logistics Solutions has extended its partnership with Frankfurt-based air cargo services provider CHI Aviation Handling for five years.
CHI uses Kale’s Galaxy management system to digitise cargo handling.
Currently, over 85 airports in Europe, the US, Middle East, Africa, and India use Galaxy to manage their air ...
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Maritime Transport has launched a rail service between Tilbury2 ro ro terminal near London and Manchester’s Trafford Park Euroterminal, in partnership with P&O Ferries, which operates freight only ferries to and from Zeebrugge.
The DB Cargo-operated train runs five days per week from Monday to Friday and can carry 45' pallet-wide, ...
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Hong Kong Air Cargo Terminals Limited (Hactl) has become the first cargo terminal and logistics corporation to have its training courses received accreditation under the Hong Kong Qualifications Framework (HKQF). The courses covered are Hactl’s Certificate in Special and Temperature Controlled Cargo Handling For Supervisors (QF Level 3); its Certificate ...
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UPS has launched a five times a week Boeing 747-8 freighter flight to Kempegowda International Airport in Bengaluru, India. It is the carrier’s second dedicated airport gateway facility in India after opening Delhi in 2020. The Bengaluru facility will provide in-house customs clearance and serve southern India, giving customers an ...
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Second-hand container prices are plummeting due to oversupply, said box trading and leasing firm Container xChange in its latest analysis. It said that congestion at ports in early 2020 led to the panic ordering of record numbers of new boxes and, with markets reopening and demand softening, there is now ...
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CMA CGM’s Containerships arm launched a weekly Scottish Express (SCX) service between Grangemouth, Teesport and Rotterdam with the arrival of the 800TEU Skylight in Scotland on 19 July.
The new SCX service, which calls in Grangemouth on Thursday, will mainly support exports from Leven and Shieldhall to worldwide destinations via continental ...
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