A shortage of warehousing space in the UK boosted Howard Tenens’ turnover and pre-tax profit in its last economic year, due to the operator’s significant property holdings and an increase in demand. For the year ended 30 September 2015, Howard Tenens saw its pre-tax profit rise 52% to £5.1m (2014: £3.4m). Logistics director Jamie Hartles said: “One of the reasons our figures look good is because in the UK warehouse market for storage space, there’s been very little speculative build. […]
UK Warehousing Association (UKWA) chief executive Roger Williams is to hand over the reins later this month to his successor, Peter Ward (pictured), following 15 years at the organisation.
Meachers Global Logistics has netted a three-year contract extension with packaging company Huhtamaki (UK).