Business
Pharmaceutical temperature-controlled specialist Tower Cold Chain has secured a £6.75million from Investec bank, following an initial injection of £6million into the business two years ago.
As well as manufacturing more stock and expanding into new hubs to fuel rising demand, Tower will also invest in digitalisation and implement the latest digital capabilities, such as Internet of Things
Tower recently opened a Centre of Excellence at its global HQ in Reading, England which ...
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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 ...
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Austrian-based forwarder Cargo-partner has made an offer to acquire one third of its partner Sim Cargo, a provider of smart groupage solutions. Cargo-partner has been part of the groupage network and a system partner of Sim Cargo for many years now, especially for distribution in ...
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Ceva Logistics has completed acquisition of Swiss-owned East African forwarder Spedag Interfreight, following receipt of regulatory approvals. Spedag Interfreight works in market verticals including energy and infrastructure, aid and relief, oil and gas and commodities. It has 400 employees at 24 locations in Kenya, Uganda, ...
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Logistics software firm WiseTech Global has acquired electronic bills of lading provider Bolero International. UK-headquartered Bolero offers fully digital solutions for carriers to digitise Bills of Lading, creating eBLs that can be transmitted, endorsed and presented electronically to port authorities, customs, financial institutions, logistics partners ...
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Scan Global Logistics has acquired Gelders Forwarding in the Netherlands and Advection Logistics in Hungary. Gelders is an air and ocean forwarder, and will significantly increase SGL's airfreight services and enhance its presence in the technology sector. Advection is a full-service logistics provider, becomes the ...
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HMRC says that it has stopped accepting registration requests from new importers from 5 July and they would need to register with CDS to make import declarations.
Earlier, HMRC said it was writing to more than 220,000 existing importers urging them to move to the new ...
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The European Commission has adopted a decision allowing member states to temporarily waive customs duties and VAT on the third country imports of food, blankets, tents, electric generators and other life-saving equipment destined for Ukrainians affected by the war. The measure will apply retroactively from ...
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US-based Logistics Plus has purchased Ukrainian-based freight forwarding and logistics company Concord-Trans.
Located in Kyiv, with a second office in Odesa, the purchase includes nearly a dozen in-country logistics professionals specializing in road, sea, and air freight transportation, customs clearance capabilities, and project cargo management.
Logistics Plus ...
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French-owned forwarder Geodis has finalised its acquisition of Singapore-based Keppel Logistics after obtaining regulatory approvals. Keppel Logistics is a contract logistics specialist with close to 500 employees and is active throughout Asia-Pacific. Ranked in the top five contract logistics players in Singapore, it operates about ...
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