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Oasis Group seeks freeport advantage

Oasis Group has become the second business to move to DP World’s port-centric logistics park at London Gateway since it became a freeport. The Dubai-owned ports and logistics operator says that the 9 million sq ft site 28 miles from central London continues to attract major investment.  The information management services provider has taken possession of a sustainable 109,000sq ft warehouse. DP World adds that the financial incentives that come with locating ... [+]

Multimodal reveals Awards shortlist

The organisers of Multimodal 2023 have published the shortlist for the show Awards. They recognise outstanding industry-leading supply chain businesses and individuals. This year, two of the awards categories, Road and 3PL, have been split to ensure that smaller firms also get the recognition they deserve. Event ... [+]

Government reveals plans for post-Brexit border

The Cabinet Office has published a draft Border Target Operating Model, setting out the Government’s new approach to importing into Great Britain that will be progressively introduced from the end of October. It proposes a new approach to security controls, for all imports, and to sanitary ... [+]

All systems go for East Midlands Freeport

East Midlands Freeport has become fully operational after getting final government sign off on 30 March. The Freeport will now receive up to £25 million seed funding from government and potentially hundreds of millions in locally retained business rates. It aims to encourage investment into sectors including ... [+]

Schenker hits profit record

Deutsche Bahn (DB) Group said on 30 March that it had achieved an operating profit of almost €1.3 billion and with its logistics and forwarding arm DB Schenker generating its highest profit in its history. - Dr Levin Holle, chief financial officer for the group ... [+]

BIFA welcomes Pacific pact

Commenting on the announcement that the UK will shortly join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) BIFA Director General, Steve Parker said: “If imminent membership of the CPTPP delivers the boost for economic growth and geopolitical relations that the Government anticipates, it ... [+]

Contargo buys in Benelux

Pan-European container logistics company Contargo Berry BV is to acquire transport operator Transport Clynhens J. The main activity of Clynhens is the transport of standard and reefer containers between the seaports and Benelux, France and Germany. [+]

Container rates tumble but…

Deepsea containerised cargo volumes fell a further 2.5% during the final quarter of 2022 during what is traditionally the peak season, said the Global Shippers Forum and consultants MDS Transmodal in their latest Container Shipping Market Review. GSF secretary general James Hookham said that volumes have ... [+]

Mixed bag of results for Kerry Logistics

Hong Kong-based Kerry Logistics Network says its annual revenue in 2022 increased by 10% to HK$86,649 million (2021: HK$78,955m, excluding discontinued operations). Core operating profit dropped by 12% to HK$4,790m (2021: HK$5,441m) but core net profit increased by 11% to HK$3,572m (2021: HK$3,220m). E-commerce and Express (E&E) ... [+]

Multimodal reveals conference line-up

Organisers of the Multimodal show in Birmingham NEC on 13-15 June have revealed the programme of discussions and presentations. These include: Peak Season Preview 2023; Digitalisation of International Trade and Transport; A Rail Retail Revolution; Roadblocks to sustainable freight - and how to overcome them; ... [+]

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