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. […]
Boroughbridge, Yorkshire food distribution firm Reed Boardall has been granted planning approval for a 110,000ft² extension to one of its cold stores.
Retailer Argos has said it managed to operate a normal service for customers despite a strike by warehouse staff at five of its distribution centres on Friday.
Disruption in retailer Habitat’s home deliveries has put delivery firm Panther Warehousing in the firing line of its customers.