|

Lloyds Bank supports Masters Logistical with £2.5m

VonLOGISTIK express Presseservice

Masters Logistical have received a £2.5m funding package from Lloyds Bank Commercial Banking to enable company expansion.

The funding package will go towards the construction of a new warehouse, the hiring of more staff, and to increase their annual turnover by 10 per cent to £6m in the next year.

The company has purchased its existing premises and an additional adjacent 152,460 sq ft of land to increase its operations.

Paul Upton, managing director of Masters Logistical said: ”Lloyds Bank has been by our side throughout this process. The funding allows us to build both our workforce and our customer base.”

By Michelle Mooney

Ähnliche Beiträge

|

Adidas profits rise despite supply chain shortages

VonLOGISTIK express Presseservice

Supply chain shortages in North America have done little to dent sales growth at adidas in the first half. Overall group revenue for the first half rose five per cent to €11.4 billion while operating profit was up 13 per cent to €1.5bn. In March, the company warned that it would not be able to…

|

Logistics Manager Analysis: Retail – home delivery… keep them keen by going green

VonLOGISTIK express Presseservice

Retailers are always looking to make home deliveries easier, faster and greener in the face of the growing e-commerce market and environmentally-savvy consumers. But can you keep the balance between being green and keeping an expanding customer base happy?  Maria Highland investigates. There is no doubt that the way we shop has changed in recent…

Logistikum OÖ: Research in the field of the ‚Physical Internet‘

VonMarkus Jaklitsch

‘Physical Internet‘ means entire reorganisation of goods transport and promises environmentally friendlier logistics A new research group of the Logistikum University of Applied Sciences in Upper Austria (Campus Steyr) is treating the issue of Physical Internet, cooperating with the Canadian researcher and ‚inventor’ of the Physical Internet – Benoit Montreuil. The model for Physical Internet…

|

DHL opens €230m Leipzig sorting centre

VonLOGISTIK express Presseservice

DHL has opened a new sorting centre at its express hub in Leipzig, Germany as part of a €230million investment into the expansion of the site. The facility includes fully automated sorting for heavier shipments. The logistics company has said that the investment has increased the processing capacity of DHL by 50 per cent to…

|

Non-uniform automation challenges addressed by Pearson and Plus One Robotics

VonLOGISTIK express Presseservice

End-of-line packaging automation specialist Pearson Packaging Systems and vision software company Plus One Robotics have joined forces to offer simpler solutions for complex packaging challenges. As robots have become an integral part of manufacturing, and distribution and warehouse automation, the extent of what can be automated often hinges on how well the robot sees and…

Stena Line increases its capacity on the Rotterdam-Harwich route

VonLOGISTIK express Presseservice

The route between the Netherlands and Great Britain is currently served twice a day by the Capucine and Severine vessels. After the expiry of the charter contracts in January 2018, Stena Line is using the RoRo vessels MV “Misida” and MV “Misana”, thus increasing the capacity by 20 percent. The expansion of the capacity reflects also…