Driving To Deliver Your Business


Menlo Logistics to Open New Dutch Distribution Center

Warehousing September 4th, 2015 Site Preparation for the Facility Began in Late July MENLO LOGISTICS: The company’s new distribution center will be a multi-discipline, multi-client facility at the Acht Industrial Park in Eindhoven and have direct highway access to Belgium and Germany. (Image: oevz.com) Written by Michael White The Benelux region has been a strong markets for Menlo due largely to its presence in the healthcare sector. Menlo’s European footprint includes a network of 16 facilities staffed by 800 employees. Menlo serves 30 European businesses in healthcare, fashion, consumer goods, ecommerce, high-tech, and automotive.

Menlo Logistics, the global logistics and supply chain management subsidiary of Con-way Inc., has inked a build-to-suit agreement with global industrial real estate developer Prologis Inc.

1 for a new 210,000 square foot regional logistics facility in Eindhoven, the Netherlands. The facility will be located at the Acht industrial park in Eindhoven, adjacent to the A2/N2 Eindhoven ring road, which offers direct access to Belgium and Germany, as well as Amsterdam to the north. Construction of the facility will be one of the largest build-to-suit projects in the region.

Initial site preparation for the facility began in late July. Construction is scheduled for completion in the first quarter of 2016. The Benelux region and Europe as a whole have always been strong markets for Menlo and represents some of our most promising growth areas, due largely to our presence in the healthcare sector, where we have served medical device manufacturers for many years, said Robert Bianco, president of San Francisco, California-based Menlo Logistics.

The new Eindhoven facility complements Menlo s European footprint, which includes a network of 16 facilities throughout Europe staffed by 800 employees. The company currently services more than 30 European businesses and multinational companies in sectors such as healthcare, fashion and apparel, consumer goods, e-commerce, high-tech, industrial manufacturing and automotive, the company said. The new distribution center 2 , it added, will be a multi-discipline, multi-client facility capable of supporting the local, regional and global supply chain operations of manufacturers, distributors and service providers across a variety of industries.

References ^ global industrial real estate developer Prologis Inc. (www.globaltrademag.com) ^ distribution center (www.globaltrademag.com)

View article:
Menlo Logistics to Open New Dutch Distribution Center

More Rock Bottom Offers

FedEx Offers To Acquire European Freight And Parcel Courier …

April 8th, 2015 FedEx Offers To Acquire European Freight And Parcel Courier GLOBAL LOGISTICS: With the acquisition of European TNT Express, FedEx will increase its reach for freight and parcel logistics. Written by Michael White Federal Express offers to acquire Netherlands-based TNT Express for $4.8 billion. Unless regulators prevent it, FedEx will acquire European freight logistics competitor.

In a major transatlantic deal, express delivery giant Federal Express has made an offer to acquire Netherlands-based rival TNT Express N.V. for a reported $4.8 billion. Both companies have said they anticipate the offer will close in the first half of calendar year 2016 and that anti-trust concerns, if any, can be addressed adequately in a timely fashion.

According to a joint statement, the deal will transform FedEx s European capabilities and accelerate global growth, which will give both companies customers access to an enhanced, integrated global network, combining TNT Express strong European capabilities and FedEx s strength in other regions globally, including North America and Asia. Both Memphis, Tennessee-headquartered FedEx and TNT have agreed to certain non-financial covenants including the retention of TNT employees and the divestment of TNT Express airline operations in compliance with applicable airline ownership regulations. The European regional headquarters of the combined companies will be in Hoofddorp, according to the statement, while the TNT Express hub in Liege will continue to serve as a significant operation for the group going forward.

The deal comes two years after rival United Parcel Service abandoned its own $5.6 billion takeover bid for the Dutch company, citing objections by European Commission regulators worried about the combined company becoming too dominant in the EU market. TNT Express CEO Tex Gunning said that, while his company did not solicit the takeover bid, we truly believe that FedEx s proposal, both from a financial and a non-financial view, is good news for all stakeholders. FedEx has made recent, smaller acquisitions over the past year.

In January, it closed the $1.4 billion purchase of Ontario, California-based GENCO Distribution Systems, which handles product returns.

Last year, FedEx acquired Bongo International, a developer of cross-border e-commerce software, as well as the Supaswift package delivery operations in South Africa, Botswana, Malawi, Mozambique, Namibia, Swaziland and Zambia.

Visit link:
FedEx Offers To Acquire European Freight And Parcel Courier …

More Bargain Buys