NFT has signed its largest fresh produce contract since opening its flagship facility at Tilbury. The contract is a four-way collaboration between a range of growers, importers, specialised reefer operator Sea Trade, the Port of Tilbury and NFT. The deal will see 5,000 pallets of produce arriving weekly compromising 50% bananas and 50% pineapples. The supply chain begins in Costa Rica, with the goods travelling 4816 nautical miles direct from Puerto Limon to Tilbury riverside in two weeks. The co-ordinated […]
NFT Distribution recorded a pre-tax loss in the 12 months to 2 April 2016 after exceptional costs of £7.1m, although the operator said it was now well placed to prosper.
NFT is to venture south with the opening of a major warehouse as it eyes a larger slice of the £34bn of food imports to the UK. It hopes the move will help increase its annual turnover from £170m to £250m within four years.