DP World said its first tenants at the London Gateway Logistics Park, part of the Thames Freeport, were Belgian catering business Ranson and audio and video importer Destiny Entertainments. The Freeport is intended to stimulate trade, drive innovation and support energy transition, through tax breaks. Both companies will move to the site in Q1 2024. […]
Wincanton saw profit plummet by almost a fifth and revenue fall by 8% in the first six months of this financial year, which the haulier attributed to the group’s strategy to shift out of closed book transport contracts, ongoing inflationary pressure, rising interest rates and weakened consumer confidence.
Logistics UK said it was “cautiously optimistic” that the government’s solution to checks on food consignments moving from Great Britain to Northern Ireland will help prevent delays.
Firethorn Trust is looking to build a 500,000sq ft logistics park in Peterborough with plans to open it in the summer of 2022.