Business News April 2010
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Business News April 2010 | Wednesday 14th April 2010 |
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The Freight Transport Association (FTA) has joined the Chartered Institute of Logistics and Transport (CILT UK) in welcoming the announcement in the Budget of extra funding for roads. The Chancellor spoke about a £285 million boost for the motorway network aimed at increasing capacity and reducing congestion. A further £100 million were earmarked towards the cost of repairs to local and trunk roads damaged by the recent severe weather. The FTA says that this goes some of the way to addressing the association’s repeated demand that government recognise the importance of the logistics sector to the economy.
The logistics industry is gearing up for the big IMHX show which takes place at the Birmingham NEC from the 16th to the 19th of November and is expected to feature some 300 exhibitors. The setting up of dedicated ‘pavilions’ for the Automated Material Handling Systems Association (AMHSA) and for the food and drink logistics sector, sponsored by the Food Storage & Distribution Federation (FSDF), has been announced
A report by Capgemini Consulting entitled Supply Chain Agenda 2010 suggests that almost 60% of supply chain managers see meeting customer requirements as the key business driver for 2010. In the survey of some 300 companies across Europe, the US, Latin America and the Asia-Pacific region, starting or increasing ‘lean’ programmes and centralising supply chain functions were found to be key priorities. Sustainability was seen as another crucial driver and one that was gaining rapidly in importance.
AG Barr, the manufacturer of Irn-Bru, has agreed an £18 million distribution deal with family favourite logistics provider Eddie Stobart. The three year deal will see product moved by rail from AG Barr’s Cumbernauld manufacturing plant to a newly set up central stockholding facility at Crick and thence to the UK retailer network. Stobart’s track record in integrating new business was a key factor in the move and whilst wide-ranging efficiencies are planned, the multimodal approach is also expected to reduce carbon emissions.
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