London, UK: Business minister Kevin Hollinrake has admitted that there was “no doubt” that it is now more difficult to trade with the EU. Speaking on Radio Four’s Today programme this morning, Hollinrake said: “There’s no doubt, for some businesses, it is more difficult to trade with the European Union. There is no doubt that …
Novi, Michigan, USA: Lineage has officially filed for an initial public offering (IPO). The company intends to list its stock on the US Nasdaq stock market. IPO experts, such as Renaissance Capital, estimates the IPO could raise up to $3.5bn. Lineage stresses that the “timing, number of shares that may be offered and the price …
Paris, France: Toyota Material Handling Europe, which is the official partner for material handling equipment at the Olympic and Paralympic Games Paris 2024, has launched a new communication campaign that aims to raise public awareness of the role played by the logistics industry. Under the tagline #WeDeliverForYou, the campaign focuses on the vast role logistics …
London, UK: EQT is to acquire Constellation Cold Logistics – one of the largest cold storage providers in Europe – from Arcus Infrastructure Partners. The EQT Infrastructure VI fund (EQT) says it will support Constellation as it looks to further strengthen its presence, carry out merger and acquisition (M&A) opportunities and deliver major expansion developments …
Nuneaton, UK: Sunswap, manufacturer of Endurance, the first purpose-built fully electric transport refrigeration system, has partnered with MAN Truck & Bus at the first UK test drive of its new TGX 4×2 eTruck. Sunswap says that the collaboration showcases the combination of an electric truck, pulling a fully electric refrigeration solution – “a significant step …
London, UK: Operators need lower taxation and simpler road freight regulations in order to survive and thrive, according to Declan Pang, RHA director of policy and public affairs. “As businesses try to navigate rising costs and different regulations, we want the next government to consider a review of road freight regulations which can be simplified …
London, UK: Oakland International highlighted the rising demand for “free from food” at this year’s Free From Foods Awards 2024. Asda was named ‘Retailer of The Year’ again while the Co-op retained the ‘Convenience Retailer of the Year’ award. Oakland International co-founder and Retailer of the Year category sponsor, Sallie Attwell, said: “Our congratulations to …
Melton Mowbray, UK: Samworth Brothers has promoted chief commercial officer Simon Wookey to the role of chief executive after Hugo Mahoney decided to leave the company after two years in post. Mahoney is leaving Samworth “to pursue other opportunities”, according to a statement. He joined the company as chief executive in 2022. Wookey joined Samworth …
Aston on Trent, Derby, UK: World Refrigeration Day 2024, which takes place on 26 June,is focusing on the theme of “Temperature Matters”. This year’s campaign will spotlight the broader contributions of the refrigeration, air conditioning and heat pump industry. While the importance of maintaining cold temperatures for critical food and medicine supply chains remains undeniable, …
McDonaugh, Georgia, USA: NewCold’s recent grand opening of an automated warehouse in Georgia has generated widespread media attention in the United States and the Netherlands. The Dutch Royals – King Willem-Alexander and Queen Máxima – officially opened NewCold’s automated warehouse in Georgia. during their working visit to the US. The event – and NewCold’s global …
Lusaka, Zambia: A group of 12 Transaid corporate partners have returned from a self-funded visit to Zambia, where they had the opportunity to visit two of the international development organisation’s projects, spanning access to health and road safety. The visit included a 500-mile round trip by road into rural parts of Serenje and Chitambo districts …
Newark, UK: XPO Logistics, GXO and Yusen Logistics all participated in The Big Logistics Diversity Challenge which was held last week. They took part in challenges at Newark Showground on 20 June to demonstrate the benefits of establishing a diverse workforce. Delivered by Nimble Media, The Big Logistics Challenge is the only team-based logistics event …
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