Yusen Logistics said a series of new business wins and a client base in recession proof markets will help it boost turnover by £20 million year-on-year in the UK. Chief executive Ian Veitch said: “It is fair to say it has been a challenging year for the industry. We are about a week from year end and unless there is a serious pick-up it has been quite a good year for us. Veitch expects Yusen to finish the year £20 […]
Logistics firm Gefco UK has officially opened a new £10m hub in Liverpool, which will serve the automotive logistics sector.
Ian Veitch, currently MD of Yusen Logistics UK, is to head up its entire operations across Europe from April.
Yusen Logistics is to spend some £9m upgrading its fleet and IT systems after merging its road transport operations with its air and sea freight forwarding businesses last year. Some £7m will be spent on a combination of vehicles and mechanical handling equipment as well as trailers including pillar-less tri-axles with sliding suzies, and its Department for Transport allocation of five 15.65m trailers. The IT investment will see £2.2m spent on infrastructure and its transport management software. MD Ian Veitch, […]