Hicks Logistics has moved into warehousing after the acquisition of a 20,000ft² industrial unit next to its Caldicot base on the Severn Bridge Industrial Estate. The company hopes the diversification will boost its annual turnover from £7.5m to around the £10m mark, and has taken on ten more staff taking its team to 80. Hicks is celebrating its 35th anniversary and recently took delivery of a new, specially liveried Euro-5 New Actros added to its 65-strong vehicle fleet to mark […]
Eddie Stobart saw turnover and earnings grow in the first six months of its financial year, but the cost of refinancing, its stock market listing and the end of an Irish retail contract resulted in a pre-tax loss.
The UK Warehousing Association (UKWA) has launched a benchmarking survey aimed at establishing best practice guidelines in the logistics industry.
Frozen food storage and distribution business Reed Boardall Group says it has extended cold store capacity at its 55-acre site in Boroughbridge, North Yorkshire, to 142,000 pallets with a new 102,000ft² building that incorporates 14 additional loading docks. The new store, which opened in October, has cost the firm around £14m but increases its total pallet capacity by around 30%, said Garry Tilburn, MD of Reed Boardall Cold Storage. “We were struggling for space before,” he admitted. It has been […]