A GLOBAL logistics business has opened a new state-of-the-art depot in Hebburn as it looks to continue investing in the North East.
LV Logistics has opened a new 16,000sq ft warehousing and distribution hub at Infinity Park, which falls within Monkton Business Park South.
Home to LV Newcastle, the hub has led to the creation of six jobs and will play a key role in helping the company achieve its ambitious growth plans.
Since opening its Newcastle branch 20 years ago, the firm has provided a range of logistics services to businesses operating in the region, including road transport, warehousing and freight forwarding by road, sea and air.
The opening of the new Hebburn base however will provide the company with the space and vehicles required to launch its own dedicated transport service, which company chiefs believe will be key to expanding its asset-based service offering.
Phil Hood, Branch Manager at LV Newcastle, said:
“LV Newcastle has been quite a pace setter for the company in terms of growth and hitting company targets, which is why the company has been so keen to invest in its continued development.
“Through the opening this new hub, we are creating more jobs for local people and are expanding our service offering to clients to include warehousing and transport, which will futureproof our operation for years to come.”
The launch of LV Newcastle’s new transport offering comes as increasing numbers of businesses begin to rely on just-in-time deliveries throughout their supply chains and in their retail operations.
According to research by the Office for National Statistics (ONS), the number of business premises used for transport, logistics and warehousing in the UK has almost doubled in the last decade, making it one of the UK’s fastest growing industries.
“We have received enquiries from an increasing number of clients over recent years around the warehousing and transport of goods, so the opening of this new hub was a natural next step for us,” Phil added.
“The Newcastle business has been a real success story for the company when it comes to freight forwarding and this investment will significantly increase both our handling and warehousing capabilities.
“Its central location, which places us around three mile from Port of Tyne, five minutes from the A1 and 30 mins from Newcastle International Airport, will also help us maintain the excellent service levels we have become renowned for. It’s a really exciting time for the company.”
LV Newcastle has signed a 10-year lease on the unit, which will become its second premises in South Tyneside alongside its LV Valenbeck business in Jarrow.
Cllr Margaret Meling, lead member for economic growth and transport at South Tyneside Council, said:
“LV Newcastle has been a fantastic success story for the North East over the past 20 years, so we are thrilled that it has committed its long-term future to South Tyneside.
“As a borough, we have fantastic transport links to road, rail, sea and air, making us a great location for those in the logistics and warehousing industries to grow their operations and LV is a great example of that. We’d like to wish them all the best for the future.”
For more information about business property in South Tyneside, visit: investsouthtyneside.com/sites-and-premises/
