Gist has signed an unspecified extension to its five-year old contract with Starbucks to provide UK in-bound, storage, order processing and delivery-to-store services. As part of the renewal Gist will open a national DC in Coventry next month (September), which it says will enhance delivery schedules, reduce its environmental impact and unlock further synergy opportunities for Gist and its customers. Steve Belke, Starbucks vice-president for EMEA supply chain operations, said: “Our partnership with Gist over the last five years has […]
Gist has re-branded and restructured the European arm of its business, bringing several different operating companies and centres under one roof. In 2005 Gist acquired G Van Dongen Holdings, a conglomerate of seven temperature-controlled operators based in the Netherlands and Spain, with a customer base including Flowerplus, Fritolay, Maersk, and Tetrapak. Now, all seven businesses will run under the Gist banner from a central hub in Bleswijk, the Netherlands. Chief executive Martin Gwynn explained: “Traditionally these businesses have been running […]
Supply chain specialist Gist has taken delivery of 188 brand new DAF Euro-6 vehicles and more than 450 additional trailers for its operational fleet.
Gist blamed one-off pension costs and retailers’ squeezing of supply chain providers for a 23% fall in pre-tax profit last year, but it still saw turnover rise by 7.2%. For the year ended 31 December 2011 pre-tax profit fell to just under £18.8m, from £24.5m the previous year. However, turnover rose 7.2% year-on-year from £379m to £406m. Gist chief executive Martin Gwynn told Motortransport.co.uk: “Business performance remains robust. Excluding the effect of the one-off pension charges, profit increased year-on-year despite […]