Uncertainty surrounding Brexit last year prompted Lenham Storage warehouse staff to return to their home countries, resulting in a recruiting challenge this year according to the Kent firm. In a review of its business covering the trading period ending 31 August 2019, Lenham Storage Company also that it had strived to keep it “business as usual” during the current Covid-19 pandemic. Results for the period showed that turnover increased by 5.9% to £39.1m, but pre-tax profits fell by 8% to […]
Temperature-controlled food storage and distribution business Reed Boardall saw pre-tax profit fall by two thirds last year as the pandemic lockdowns and Brexit created an “extremely challenging environment” which saw food service sector volumes plummet and costs escalate.
Strong demand for rented logistics space saw ‘critically low’ logistics site vacancy rates in Q4, 2021 with rents rising by up to 20% in some areas last year, according to CBRE.
Logistics developer Panattoni has started construction of the final unit at Panattoni Park Northampton.