Park Logisitics - Creating Supply Chain Solutions

Park Logistics - Creating supply Chain Solutions

Creating Supply Chain Solutions
Warehousing - Distribution - Fulfilment - Co-Pack

Phone: 0115 940 3332

Email : sales@parklog.co.uk


News International extends £200m pa Smith News contract

News International has extended its contract with Smiths News for a further five years. The contract includes an additional £40m of business and takes its value to some £200m a year.

The agreement covers distribution of “The Times”, “The Sunday Times” and “The Sun” titles for the period from 2014 to 2019.

The additional work involves regional Direct to Retail business, increasing Smiths News share of the NI wholesale business to about 49 per cent, with only the Greater London region remaining a NI DTR operation.

Chief executive Mark Cashmore said: “We are delighted to be extending our relationship with News International, which further endorses our business model and reinforces our market leading position. Today’s announcement underlines the strength of our wholesale proposition and we believe News International’s decision to transfer a significant part of their DTR operations across to Smiths News demonstrates the importance of our track record, continued investment and service excellence.”

 

Article source: http://www.logisticsmanager.com/Articles/Article.aspx?liArticleID=19044