Investment in infrastructure

The transport secretary has given the road network a shot in the arm with the approval of a £2.5m scheme on the northern stretch of the A1, a £5m improvement to Junction 15 of the M4 and £4.5m towards the A30 / A303 and the M5 to the east of Exeter. Read more

Peel Ports permission

Peel Ports will move forward with the development of a 50-acre site at Peel Ports Sheerness into new logistics space. They estimate that £50m of inward investment will be attracted to the region, alongside 200 new jobs at the project. Read more

Transport firm on the rails?

DB Cargo, the largest rail freight company in the UK, has announced plans to potentially cut over 25% of its 3,400 workforce. The company has seen a 78% fall in coal trains and a decline in the number of steel trains of 33% in 2016. Read more

On track investment

GB Railfreight is to be acquired by EQT, the private equity firm, as part of its push to create a leading pan-European rail freight company. GB Railfreight is the third largest rail freight operator in the UK. Read more

Tesco to trim transport

Tesco is looking to operations efficiency gains to boost profitability, cutting logistics costs by £450m by 2019. Central to this plan are the improvement of the business’ forecasting, lower levels of stock and cutting fulfilment costs. Read more

Stores over profit

Since 2014, Aldi, the discount grocery chain, has invested £974m in growing its presence in the UK and Ireland. The process of adding 130 stores to their portfolio has had an effect on operating profit. Read more