Kuehne + Nagel Drinks Logistics (KNDL) has relocated its Newark depot in Nottinghamshire to a site in nearby Carlton-on-Trent. The drinks distribution division is moving into a 70,000ft² site which adjoins the A1 north of Newark. Tim Gilbertson, director at property consultant FHP, said KNDL “needed to relocate from its Newark base but remains within close proximity of the A1, a key road link for their supply chain business whilst remaining in close proximity of their former unit to ensure […]
Great Bear Distribution increased profits by 7.5% last year to £9.5m and it anticipated its “controlled organic growth” will continue.
Total industrial and logistics floorspace take-up fell 22% last year due to weak economic conditions and a shortage of good quality stock, according to property consultancy Jones Lang LaSalle’s latest UK Industrial Property Trends Today report.
Brexit has amplified the shortage of warehousing space in the UK, delegates were told at the Freight in the City Expo.