BHS at centre of bid speculation

BHS, the retailer that forms part of Sir Philip Green's Arcadia retail group, is at the centre of takeover speculation. Christo Wiese, a South African billionaire, has already expressed an interest in acquiring the UK retailer. Read more...

Some €10bn to be invested in warehouses in 2013

According to Jones Lang LaSalle, some €10bn is expected to be invested in the European warehousing market in 2013. Some €6bn was invested during the first half of the year, up 59% year-on-year.

Economic benefits of HS2 rail link scaled back

The economic benefits of the HS2 rail link have been revised down in a report compiled by the Department for Transport and Network Rail. The Strategic Case for HS2 report claims HS2 will earn £2.30 for every £1 spent by 2026, down from an earlier forecast of £2.50. Read more...

Poll shows business leaders are losing faith in HS2 project

A poll of 34 FTSE 100 chairmen shows business leaders are losing faith in the High Speed 2 (HS2) rail project. Some 33% support the scheme, while 49% believe it should not be built. Read more...

Davies Turner to add to fleet of longer trailers

Davies Turner's fleet of 15.65m trailers is set to be expanded. The firm says there is a 15% increase in capacity with the longer trailers, compared to a 13.6m trailer. Read more...

John Lewis starts in-house parcel deliveries trial

UK-based department store chain John Lewis has started an in-house trial for parcel deliveries in an undisclosed area in south-west London. Currently parcel delivery services of Hermes and other third party carriers are being used by the retailer. Read more...

Sainsbury's plans 2015 launch for Daventry distribution centre

UK supermarket chain Sainsbury's is planning a 2015 launch for its new 1m sq ft distribution centre at the Daventry International rail freight terminal. DHL Supply Chain has been awarded the deal to manage the terminal, which will handle general merchandise including white goods and homeware. The depot is expected to create 900 jobs.