A FREIGHT firm based in Portsmouth has expanded despite a stagnant shipping market.
Ferryspeed, which operates from Hilsea, is the largest provider of shipping, storage and distribution to and from the Channel Islands.
But during the past year it has been concentrating on growing other aspects of its business.
It has increased its services to the Isle of Wight, added to its commercial team, increased its freight forwarding business and opened a new distribution centre in the Midlands.
It has also recruited six new people to its management team.
Stan Markland, managing director, Ferryspeed, said: ‘As a company we are excited about the future and are continually looking ahead.
‘Long-term growth is our aim, not short-term gain.
‘Expanding upon our principal service sector areas allows a certain level of freedom and flexibility – we are able to look at international trade relations, invest in new technology and increase our number of UK depots without compromising on core business foundations and strengths.
‘We are proud of our achievements to date.
‘We are also continually looking to invest in our workforce – up-skilling our existing team members and driving recruitment in areas that will benefit our end customers.’
The new employees include Nigel Klimesch, who joins the commercial team as business development manager, alongside Dean Sotnick, Alan Johnson and Fred Rowland.
Craig Stevens has also joined as business development manager for Ferryspeed’s pallet business.