Product tags

Home / Warehouse / UKWA reports positive year, despite current challenges
Continental Tyres
UKWA reports positive year despite current challenges

UKWA reports positive year, despite current challenges

UK Warehousing Association (UKWA) has reported a positive year at its Annual General Meeting on 25th June, says CEO Peter Ward.

“Clearly the prevailing uncertainty during the COVID-19 lockdown has not been without its challenges, but UKWA has been tireless in supporting its members’ interests, providing necessary advice and guidance on safe operation and representing the needs of our industry to government. This has paid dividends and rather than seeing 3PLs tempted to make short-term cuts in spending, we’ve actually seen a significant increase in our membership and high levels of engagement with our activities and communications.”

UKWA moved from extensive offices in Gower Street to new accommodation in Trafalgar Square at the end of 2019 to reduce overheads and increase flexibility. This is one of a number of moves instigated by the CEO and supported by the board, which has enabled the association to rationalise costs, reduce risk and return a modest surplus for the year.
In 2019 UKWA celebrated a successful 75th Anniversary and while the events of 2020 have created a very different environment, Chair Nicola Ridges-Jones has noted the similarities between the association’s year of origin in 1944 and now, as it plays its part in minimising disruption in the supply of essential food and materials, keeping the country fed and the wheels of the economy turning.

Peter Ward comments, “I am immensely proud of our members – and the wider logistics industry – often understated but so essential to people’s lives – who have again stepped up and demonstrated vast resilience and commitment in the national interest. The current crisis has further highlighted the importance of the logistics industry, making our sector more visible both to government and the general public.”

Over the last year, UKWA has continued to develop and expand the benefits of association membership and the range of member services, in a quest to ensure the association’s continued relevance to the changing nature of the sector and the opportunities for future growth.

The global pandemic and consequent lockdown have accelerated the growth of e-commerce, which UKWA predicts will generate significant new opportunities for members, leading CEO Peter Ward to express confidence in a positive future ahead, while being mindful of the challenges faced by many businesses.

“While there are undoubted potential positives for our industry, I understand fully that for many members the immediate focus is on survival, and over the coming weeks the challenge of liquidity will be severe for some, given the reduced activity during lockdown.

Accordingly, we continue to press the government for support of our sector and are currently pursuing the Chancellor for a period of business rates relief to help our members through the immediate aftermath of this crisis.
As always, UKWA stands ready to support our members in every way possible, conscious that the warehousing and logistics industry – and UKWA members in particular – will be vital in helping our economy back to its feet as the country recovers from recession.”

www.ukwa.org.uk

Check Also

XPO Logistics Wins Contract to Build Outsourced Warehouse and Distribution Network for Greene King

XPO Logistics wins contract to build outsourced warehouse and distribution network for Greene King

XPO Logistics, a leading global provider of transport and logistics solutions, has been selected by …

MHW Latest Top Tweets