The availability of UK warehousing stock could come under increased pressure should the UK default to WTO rules in the wake of failed Brexit negotiations. Just-in-time supply chains, particularly for automotive spare parts – including trucks and vans – would seek to mitigate import delays and trade tariffs of between 2.5% and 4.5% on individual items by keeping more stock in the UK. Parts ranging from truck tyres to brake pads would all be affected under WTO rules and suppliers […]
Long-standing heavy transport firm Heanor Haulage is closing its haulage arm this month to focus on warehousing and storage.
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.
Whether they have been forced to consider second-hand space because of a lack of new buildings or prefer it for cost reasons, occupiers have become used to a wide choice of warehouses. Now, however, they are facing a reduced supply.