“Warehousing hit even harder than driving by mass exodus,” UKWA boss warns

DB Schenker has expanded its road network hub in Nuneaton, Warwickshire, promising “agressive growth plans” in the UK.

Significant investment by Knowles Transport in 2021 as part of a long-term growth plan dented profits, but the company still increased revenues and said it was in “an excellent place” for the future.

New research reveals that, despite concerns about the economy, more companies intend to expand their warehousing than reduce it in the next two years.