The amount of warehousing space being built must rise fivefold if the UK is to keep pace with the e-commerce market, according to research by law firm Addleshaw Goddard. As online retailers compete on speed of delivery to win custom, the demand for industrial property is outstripping supply, with a premium being paid by the largest retailers for well-located sites with advanced fit-outs. The research included 12 policy recommendations that it said are required to meet demand for swift deliveries. […]
The availability of modern warehouses is set to reach a six-year high according to property agent and advisor Cushman & Wakefield – but there are huge regional variations within the UK.
The Highways Agency has renewed a contract with Norbert Dentressangle to manage the storage and distribution of goods in support of road repairs and maintenance throughout the country.
German logistics giant DB Schenker, which recently suspended deliveries into the UK due to Brexit delays, is expanding its presence in the West Midlands in a move expected to create 100 new jobs.