Brexit stockpiling and major healthcare deal boost pre-tax profits at Yusen Logistics


Japanese-owned Yusen Logistics UK saw pre-tax profits leap in its latest financial year helped by a new healthcare deal and rising demand for warehousing as healthcare clients stockpiled ahead of Brexit. However, the Northampton-based logistics firm, which counts Seiko, Mitsubishi, Honda, Halfords and AstraZeneca among its clients, warned that revenue will be hit this year due to the effect of the Covid-19 pandemic on business – although it predicts that its broad range of clients will help ameliorate the impact. […]