Newly-formed Howard Tenens Logistics generated £36.4m in turnover in its first six months of trading, following a restructure of the group that saw it hiving off its property and distribution divisions. In the year ended 30 September 2018, the warehousing and logistics company also reported a pre-tax profit of £298,000, resulting in a 1% margin that provided an increase in shareholders’ funds of £491,000. Howard Tenens Logistics was incorporated in November 2017 and on 1 April 2018 it acquired the […]
Honda’s plans to close its Swindon plant in 2022 come as yet another blow to hauliers operating in the automotive sector with unions warning that the move will threaten thousands of supply chain jobs across the UK.
Gloucestershire-based Howard Tenens is converting 35 of its LGVs into dual-fuel vehicles to reduce its carbon footprint.
Rising demand for warehouse space and a welter of contract wins helped boost Howard Tenens’ group turnover from £57.1m to £64.7m in the year to 30 September 2014.