Hyundai sets up U.K. logistics joint venture

Hyundai sets up U.K. logistics joint venture    The Korean liner carrier Hyundai Merchant Marine said Monday it has created a joint venture with U.K.-based logistics firm C. Butt Ltd.
   The company will be called Hyundai and C. Butt Solutions Ltd. and is being set up to target the European and U.K. logistics market.
   'This initiative enables the partners to offer innovative, dedicated, bespoke warehousing solutions in the UK backed by local and international experience, plus global strength, breadth and depth,' said Clive Hodgkinson, managing director of C. Butt Ltd.