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 […]
Yusen Logistics has begun trading out of its specialist automotive centre in Tamworth, building on volumes out of its operation at Burnaston, near Derby. The 81,000ft² site, adjacent to the M42, offers decanting, crossdocking, stockholding and sequencing operations from first and second tier automotive parts manufacturers serving Yusen’s major car manufacturing clients. Yusen regional general manager Ian Holland says: “We are offering our customers a facility at which stock can be held locally to the manufacturing plant, enabling the automotive […]
Stobart Group saw turnover in its core transport and distribution division climb in the first half of its financial year despite “considerable demand volatility”, although profit was flat.
The UK’s automotive supply chain faces a huge shock in the event of a no-deal Brexit, warn associations
A no-deal Brexit will cause “massive logistical problems” in the automotive supply chain, with manufacturers facing a choice of either absorbing significant rising costs in the movement of vehicle parts or passing them on.