Last year will go down as one of the most difficult for business in recent history, but it was a case of do or die for many in the logistics industry, and judging by the number of deals completed over the past 12 months, the majority opted for do.
Logistics giant DHL Supply Chain won a number of multi-million pound contracts, including a £500m deal with independent grocery buying group Nisa Today’s – by far the most significant deal in terms of value, according to our findings.
It also secured a £113m deal with Debenhams, a £75m contract with BP Retail and a £40m deal with Network Rail, among others, defying all notions that the country had been hit by recession.
Further bucking the trend were TDG, Wincanton and Eddie Stobart which all signed £60m deals with Weetabix, Chevron and Unilever, respectively. Norbert Dentressangle also had an impressive year, signing a total of 21 contracts with companies including Argos, drinks brand Hell Energy and the Highways Agency over the period.
But it wasn’t just the big boys getting in on the act. Magners signed a five year deal worth £25m with Gloucestershire-based logistics firm Downton, First Milk chose family-run Bibby Distribution for a £50m contract, while restaurant chain Wagamama signed a contract worth £17m with Hull-based food service distributor 3G.
On the whole things do seem to be on the up, but with fears of a double-dip now looming it’s anyone’s guess what effect this will have on contracts over the coming year.