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. […]
Moody Logistics is spending half a million pounds to boost productivity at its base in Cramlington, Northumberland.
Warehouse staff at DHL Supply Chain’s Cherwell Campus site in Banbury, Oxfordshire, are set to strike after further negotiations between the GMB union and the company failed to resolve an ongoing pay dispute.
Long-standing heavy transport firm Heanor Haulage is closing its haulage arm this month to focus on warehousing and storage.