Welcome to the Warehouse & Logistics News Annual 2020, our showcase of the leading companies and organisations driving the industry forward. I would like to take this opportunity to thank all the supporters of The Annual, in particular our Headline Sponsor, Toyota Material Handling.
In the ninth edition of The Annual we look in depth at the companies making the news. We interview and profile 17 of the most influential individuals and companies in the industry, backed up with yearly reports from the trade associations.
Innovation and excellence continue to drive warehousing and logistics and we highlight the manufacturers and service providers leading the various sectors.
The main event of 2019 was undoubtedly the IMHX at the NEC in Birmingham where around 400 exhibitors displayed and showcased their latest materials handling products. Many of the products on display demonstrated the importance of automation, with AMHSA reporting that the market is already valued at £9.15 trillion and expected to rise to £12.4 trillion by 2024.
Notwithstanding the economic and political pressures both globally and at home, the warehouse and logistics industry continues to grow at a healthy rate, due in no small part to the dedicated workforce which ensure that goods are delivered in a timely fashion. However, increased activity brings an increased need for vigilance and safety in the workplace, which is of paramount importance, as highlighted by a number of trade associations in their reports.
With the UK now a distribution-based economy, this has driven the growth of warehousing and logistics. The reality is, we can expect more growth to come with demand for new warehouse premises in Britain continuing to outstrip supply during 2020. This is fuelled particularly by pressure on internet retailers to fulfil increasing levels of customer orders.
Finally, two trade associations, UKWA and CILT, celebrate significant anniversaries of their founding, 75 years and 100 years, respectively. UKWA was formed in 1944 when the storage and distribution of foods and materials in wartime Britain was crucial. CILT was formed in 1919 as an organisation for professionals involved in the movement of goods and people and their associated supply chains. We offer both our warm congratulations in achieving these important milestones.
As 2020 unfolds Warehouse & Logistics News will continue to lead as publishers of the industry’s only fortnightly title, bringing you the latest news, important stories and detailed reports on the key topics.