Abbey Logistics Group has extended its contract with ADM (Archer Daniel Midlands) Oil Seeds contract for a further 3 years.
ADM is one of the worlds largest food companies supplying human and animal nutrition with sales in excess of $60bn. The contract involves the transportation of bulk oils and fats such as rapeseed and palm oil from the ADM sites in Erith and Purfleet to customers across the UK and Northern Europe.
Since 1996 Abbey has been the main haulier for ADM in Erith and Purfleet and operates by far the largest food grade tanker fleet in the UK for bulk food products.
“ADM are a prestigious customer of Abbeys and a cornerstone in the company’s success and history. The two companies have worked closely together for a very long time and the relationship is going from strength to strength. We are very proud to be ADM’s chosen logistics partner for bulk oil distribution and look forward to working towards an even greater service offering to the ADM customers over the coming years.”
“The supply chain for most companies has experienced significant disruption over the past few years due to COVID, driver shortage and high inflation so I am pleased to extend our long standing relationship with Abbey and offer our customers the continued stability in what has been a volatile market. We have also opted for a high proportion of the fleet to be dedicated to ADM which will increase the already strong service levels to our customers.”
The contract extension follows Abbeys recent £1.8m investment in 20 road new tankers in the current calendar year including liquid tanks from Van Hool and powder silo tanks from Feldbinder. In its latest financial accounts to June 2022, Abbey achieved record sales of £67.5m and are on track for £75m sales to June 2023.