The UK’s warehouse property stock will have vanished by the end of the decade due to demands from internet retailers, unless there is an unprecedented increase in construction. This is the conclusion in a logistics market report, which also found that warehousing space fell to a record low last year. Consultancy Lambert Smith Hampton (LSH) said retailer and distributor requirements for logistics warehouses will exceed the country’s available stock by 7.6 million m2 by 2020 – even if current elevated […]
Panther Warehousing has completed a management buyout (MBO), backed by private equity firm Lloyds Development Capital (LDC).
Potter Group Logistics has had its storage and distribution contract with Greencore Grocery extended by a further two years. The contract, worth approximately £3.2m, sees Potter group storing and moving ambient finished products for the manufacturer to customers in retail and foodservice sectors. Greencore Grocery has now retained Potter Group Logistics as its third party logistics partner for 12 years, storing its ingredients and packaging at Potter’s Selby DC. In 2009, this business was extended to include the storage and […]
Miniclipper Logistics has expanded its operations and vehicle fleet due to increased demand for warehousing from existing customers, as well as new business wins. The operator has taken on an 87,000ft² warehouse a mile from its main base in Leighton Buzzard, Bedfordshire, boosting its overall warehousing capacity to 200,000ft². Jayne Masters, sales director at Miniclipper, said it had taken on the 15-year lease following an increasing appetite from both existing and new customers for storage space. She said the company, […]