Press release
Analytiqa: Logistics Bulletin: Friday 28th September
This week's Logistics Bulletin reports on news that UK-based logistics provider Christian Salvesen has received approaches from two parties which may or may not lead to a recommended offer for the Company. Christian Salvesen has faced difficult trading conditions and has been the subject of takeover and merger speculation in recent years, most notably when discussions with TDG failed to result in a deal in late 2004.Elsewhere, developments in the healthcare / pharma sector see UPS establish a new healthcare logistics team, whilst Movianto is strengthening its pharmaceutical logistics network in Europe. This includes the news that Healthcare Logistics is to re-brand as Movianto UK to better communicate a consistent level of service, and expertise from a single pan-European source. Green logistics continues to make the headlines with news this week that Wal-Mart is seeking to measure energy used across its supply chain, whilst the Port of Felixstowe has reported record-breaking rail volumes.
Christian Salvesen receives two acquisition offers
25 September - Christian Salvesen has released a statement acknowledging that its Board has noted the recent movement in its share price. In response to this, the Board confirms that it has received approaches from two parties which may or may not lead to a recommended offer for the Company. The indicative offer proposals received by the Board are subject to a number of pre-conditions.
The Board is currently continuing discussions and will provide an update to its shareholders in due course. The Company stated, as is usual in such instances, that there can be no certainty that a formal offer for the Company will be forthcoming or as to the terms on which any offer might be made.
Following a recent dip in its share price, a sharp increase was seen this morning. The Company, with a market capitalisation of some £159.2 million, has been the subject of takeover and merger speculation and approaches in recent years, most notably when discussions with TDG failed to result in a deal in late 2004.
Salvesen has faced difficult trading conditions for a number of years and has initiated a programme of restructuring to improve efficiency across the Group, particularly across its UK and Spanish transport businesses and the European food and consumer business. Its results have reflected continuing challenges in the UK transport market.
In August 2007, the Company announced that it was to concentrate on its logistics business with the sale of its frozen vegetable business, Christian Salvesen Foods, comprising stock, plant, machinery, people and contracts to Pinguin Foods.
Elsewhere this week:
Movianto strengthens pharmaceutical logistics network in Europe
http://www.analytiqa.com/newsitem.aspx?articleid=2958
FedEx says it will abandon contractor model in California
http://www.analytiqa.com/newsitem.aspx?articleid=2946
Healthcare Logistics re-brands to Movianto UK
http://www.analytiqa.com/newsitem.aspx?articleid=2964
Lloyd Fraser renews contract with Manor Bakeries
http://www.analytiqa.com/newsitem.aspx?articleid=2949
Aero Inventory partners with Kuehne + Nagel to support expansion
http://www.analytiqa.com/newsitem.aspx?articleid=2950
Naturally Iowa signs logistics contract with Organic Logistics
http://www.analytiqa.com/newsitem.aspx?articleid=2956
DSC Logistics expands relationship with MeadWestvaco
http://www.analytiqa.com/newsitem.aspx?articleid=2953
DHL opens terminal of the future in Örebro
http://www.analytiqa.com/newsitem.aspx?articleid=2963
Voss Automotive expand logistics facility
http://www.analytiqa.com/newsitem.aspx?articleid=2959
Kuehne + Nagel expands in Russia
http://www.analytiqa.com/newsitem.aspx?articleid=2951
AMB leases facility to Schenker in Amsterdam
http://www.analytiqa.com/newsitem.aspx?articleid=2952
Gazeley to build logistics facility in Kunshan
http://www.analytiqa.com/newsitem.aspx?articleid=2954
Dachser opens new logistics centre
http://www.analytiqa.com/newsitem.aspx?articleid=2965
Del Monte Foods selects GT Nexus
http://www.analytiqa.com/newsitem.aspx?articleid=2955
Audi establishes Logistics Laboratory
http://www.analytiqa.com/newsitem.aspx?articleid=2957
Port in Haifa, Israel begins container security operations
http://www.analytiqa.com/newsitem.aspx?articleid=2960
Port of Felixstowe reports record-breaking rail volumes
http://www.analytiqa.com/newsitem.aspx?articleid=2961
Wal-Mart seeks to measure energy used across supply chain
http://www.analytiqa.com/newsitem.aspx?articleid=2962
UPS assigns VP to lead new Healthcare team
http://www.analytiqa.com/newsitem.aspx?articleid=2948
Receive Analytiqa's daily logistics news by RSS. Sign Up for Free Daily Bulletin Updates:
http://www.analytiqa.com/rssfeed.aspx
Click www.analytiqa.com/news.aspx for additional developments added daily.
Receive Analytiqa's daily logistics news by RSS. Sign Up for Free Daily Bulletin Updates:
http://www.analytiqa.com/rssfeed.aspx
Click www.analytiqa.com/news.aspx for additional developments added daily.
Market size, market sectors, market shares and outsourcing rates: 2000 - 2011
Analytiqa’s Western European Logistics research provides an analysis of past market performance along with forecast growth trends across seven major countries, in five key sectors.
See www.analytiqa.com for more details
Analytiqa
Gate House, Fretherne Road,
Welwyn Garden City, UK, AL8 6NS
Tel: +44 (0)1707 37 22 11
Email: info@analytiqa.com
Contact: Editor, Logistics Bulletin
Analytiqa is a market analysis and business intelligence company providing published reports, custom research and consulting for multi-national clients across a number of industry sectors from Logistics and Distribution through to FMCG and Professional Services.
List of Key Industry Participants:
ABX LOGISTICS; BAX Global; CH Robinson; DHL Global Forwarding; EGL; Exel; Expeditors; FedEx; GeoLogistics; Hellmann Worldwide Logistics; Kintetsu World Express; Kuehne & Nagel; Maersk Logistics; Nippon Express; Panalpina; Schenker; SDV; UPS SCS; UTi Worldwide Logistics; Yusen; Wincanton; APL Logistics; TDG; Rhenus Logistics; Penske Logistics; DPWN; DHL; DHL Exel Supply Chain; Federal Express; Schneider Logistics; Schneider National; Schenker Logistics; Stinnes; Gist; Eagle Global Logistics; Menlo Worldwide; Jones Lang LaSalle; ProLogis; DTZ; Gazeley; Groupe Norbert Dentressangle; National Logistics Company; TNT; TNT Logistics; Gefco; Maersk; Geodis; GEFCO; Bibby Distribution; Global Automotive Logistics; Autologic; NYK Logistics; Dachser; DSV; Fiege; Frans Maas; Hellmann Worldwide; MOL; KWE; Kintetsu; Ewals; UPS; Ryder.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Analytiqa: Logistics Bulletin: Friday 28th September here
News-ID: 29521 • Views: …
More Releases from Analytiqa
Central and Eastern European Logistics 2008: Charting growth trends in contract …
In its latest published research, Central and Eastern European Logistics 2008, Analytiqa forecasts impressive growth for logistics expenditure.
> Spending on logistics set to increase by €7.3 billion over three years
> Contract logistics set to grow by 89%
Researched by in-house Analysts, conducting unique primary research with logistics professionals across the region, 300+ pages provide a detailed, comprehensive analysis of the performance of the Central and Eastern European logistics industry and forecasts…
Analytiqa: Logistics Bulletin: Friday 14th December
This week\'s Logistics Bulletin reports on a five-year, £150 million contract for DHL Exel Supply Chain with UK home and furniture retailer, MFI. DHL will invest more than £10.0 million (€13.8 million) of its own capital into the venture. The deal represents one of the biggest \'shared risk\' partnerships the 3PL has ever entered into with a customer. In other contract news Mitsui O.S.K. Lines, Ltd. (MOL) is to provide…
Analytiqa: Logistics Bulletin: Friday 30th November
This week’s Logistics Bulletin reports on further M&A activity across the logistics and express sectors with developments in South Korea, India, Brazil and the UK. In India, UPS Jetair Express announced a strategic alliance with AFL that will significantly expand accessibility to UPS services in the country, while providing export capabilities to AFL. Also this week, trading updates in the form of quarterly or interim results have been posted by…
Analytiqa: Logistics Bulletin: Friday 16th November
This week’s Logistics Bulletin reports on several logistics property developments for the likes of BMW and Croxley, in Asia, GAC in the Middle East, Sun Microsystems in Russia and the likes of DHL, Kuehne + Nagel and Schenker across Western Europe. Developments in Central and Eastern Europe also feature prominently, with developments in the Czech Republic, Hungary and Bulgaria all making news this week.
In contract news, among the wins recently…
More Releases for Logistics
Cold Chain Market 2021 Precise Outlook- AmeriCold Logistics, Nichirei Logistics …
The Global Cold Chain Market provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. The report covers the post-COVID-19 (Corona Virus) impact on various regions and major countries and on the future development of the industry is…
Food Logistics Market Worth Observing Growth | Trinity Logistics, AmeriCold Logi …
The latest launched report on Global Food Logistics Market delivers a transformation framework to understand how megatrends affect industry growth, taking into account the major disrupting forces creating uncertainties for every organisation in the Food Logistics. Based on these outcomes, HTF MI outline plan for these volatile scenarios considering companies such as Port Jersey Logistics, DB Schenker, Henningsen Cold Storage, R2 Logistics, AN Deringer, ODW Logistics, Matson Logistics, Allen Lund,…
Logistics Market Future Outlook | AmeriCold Logistics, Nichirei Logistics, Linea …
WiseGuyRerports.com Presents “Global Logistics Market Size, Status and Forecast 2020-2026” New Document to its Studies Database
The extensive market study presents a complete analysis of the global Logistics market, including the latest developments, current market conditions, and the growth potentialities during the review period. Accurate statistics with regard to the product, methods as well as the share belonging to the key businesses in the market are also given in the report.…
Cold Chain Logistics Market Size 2020 by Top Key Players | Nichirei Logistics Gr …
Cold Chain Logistics Market report' to its research archive which allows exploring the industry in a 360-degree view while marking major insights and highlights accelerating the Cold Chain Logistics market trends. The data sourced from the report enables formulating business plans and helps decision making to improve profitability. The Cold Chain Logistics market has been witnessing consistent growth over the last few years and is projected to continue growing with…
Healthcare Cold Chain Logistics Market 2020 Business Scenario - AmeriCold Logist …
The Global Healthcare Cold Chain Logistics Market will increase at a compound annual growth rate of 10.09% (approx.) between 2020 and 2026.
The Healthcare Cold Chain Logistics Market report is a collection of pragmatic information, quantitative and qualitative estimation by industry experts, the contribution from industry connoisseurs and industry accomplices across the value chain. Furthermore, the report also provides the qualitative results of diverse market factors on its geographies and segments.…
Third-Party Logistics Market: Leading Players – XPO Logistics , Yusen Logistic …
Third-Party Logistics Market report provides key information about the industry, including invaluable facts and figures, expert opinions, and the latest developments across the globe. The Report also calculate the market size, the report considers the revenue generated from the sales of This Report and technologies by various application segments.
Download Sample PDF copy of this report https://supplydemandmarketresearch.com/home/contact/272389?ref=Sample-and-Brochure&toccode=SDMRSE272389&utm_source=s.
The study objectives of this report are:
To analyze global Third-Party Logistics status, future forecast,…
