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Stobart secures long-term Tesco deal
Multimodal transport and logistics solutions provider Stobart Group has agreed to dispose part of its Inland Ports asset to Legal & General Assurance (Pensions Management) Limited, for £61m rising to £62.5m on the satisfaction of further conditions. A key element of this sale is a state-of-the-art 528,000 square feet sustainable distribution centre developed by Stobart Group. This was recently announced as the new Northern distribution centre for Tesco’s fresh operations. In addition, Stobart was confirmed as the transport contractor for Tesco from this distribution centre.
Stobart expects to increase the throughput of the Inland Port terminal (currently only 50% utilised) when the site is fully operational and when the existing Valencia fresh rail service is extended to Widnes. This next phase of the pioneering Stobart Rail service, will allow Tesco to transport its fresh produce from Southern Spain to Northern England by rail, delivering significant environmental benefits.
VIDEO: Traka shows how to take control of assets
Traka has released a video animation showing how key management can easily be put into practice by any organisation for controlling user access to a wide range of company assets.
Traka's system covers any physical asset that needs management, including fork lift trucks, data centres, company fleet vehicles, secure areas, vehicles, buildings, equipment and tools.
Take the Logistics Strategy survey
Help shape the future of the logistics industry by taking part in our online survey - and at the same time, support the Help for Heroes charity.
The inaugural Logistics Strategy survey will take the temperature of our industry at a time when its health has been threatened. We will take the findings and debate them with an exclusive invited group of industry leaders, and present the issues, concerns and ideas to the main political parties ahead of the General Election.
Changes at Kingspan
Following the demerger of Kingspan Offsite, the Kingspan Group has established a steel construction division known as Kingspan Profiles and Sections.
Kingspan Profiles & Sections designs and manufactures load-bearing and non-load-bearing steel framing using value engineering techniques and sophisticated steel mill technology to produce an industry leading range of steel MMC products. To support this change, Kingspan Profiles and Sections is launching a new website dedicated to the Profiles and Sections product range. The site will be designed to provide information and support, downloadable technical details and drawings, plus provide direct communication with the Profiles and Sections sales force.
IMHX to showcase innovative FMCG solutions
The International Materials Handling Exhibition (IMHX) will take place at the NEC from 16-19 November. Held only once every three years, it is a must-see event for logistics professionals. IMHX traditionally draws thousands of visitors from the retail and FMCG sectors, giving them the opportunity to see handling and storage products and services from over 300 exhibitors – all under one roof.
Independent management consultancy Total Logistics (stand 19L72) specialises in all aspects of commercial supply chains. Leading FMCG companies – including Nestlé, Adidas, Unilever and Argos – have turned to the company for highly efficient, practical and robust solutions to their supply chain issues, from strategy definition to implementation and project management. Following a successful project for TK Maxx, Total Logistics designed a revised European supply chain strategy for its parent company TJX Group, enabling expansion whilst delivering cost savings of more than 15%. In the most recent of many projects completed for Asda, Total Logistics devised a distribution infrastructure capable of supporting projected business volumes to 2020. The company’s recommendations to another major supermarket chain, following a sustained period of growth, led to an increase in the grocer’s site capacity of 20% and resulted in the changes being rolled out across its distribution network as best practice.
Logistics market “resilient” in 2009
The latest CB Richard Ellis UK Logistics MarketView has revealed that the UK logistics market demonstrated a good degree of resilience in 2009 despite the economic downturn. With prime yields showing signs of a sustained recovery, there was a widespread improvement in investor sentiment.
In 2009, £1.4 billion was invested in distribution warehouses in the UK, compared to a slightly lower level of £1.3 billion in 2008. There was rapid compression of prime yields in the latter half of 2009, driven by the strong reemergence of demand from UK institutions in the sector. Investment activity was largely focused in the south of the UK, with both the south-east and Greater London regions each taking a 26% share of total transaction volumes.
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