Tea importers are among businesses which have started stockpiling goods ahead of Brexit, logistics expert NWF Group said on Tuesday.
Chief executive Richard Whiting said he has seen some clients, including tinned fruit and tea firms, up storage requirements before Britain leaves the EU in March.
His foods arm, which provides transport and warehousing to manufacturers, has 5000 “Brexit protection pallets” which companies are using to store extra products.
Chairman Philip Acton said customers want a “contingency against a hard Brexit”. A number of industries are worried about delays at borders if Britain crashes out of the EU.
Elsewhere at NWF, its fuel distribution division experienced weaker demand because of hot weather, but its animal feeds business reported growth.
Revenues at the firm, which supplies animal feed to 4000 farmers, rose 11.7% to £330.5 million in the six months to November 30. Pre-tax profits were up 9.1% at £2.4 million.
