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London-based digital freight forwarder and supply chain finance company Beacon has raised over $15 million in funding, with investor including Amazon founder Jeff Bezos and Silicon Valley venture capital firm 8VC. Beacon was founded in 2018 by chief executive Fraser Robinson and chief operating officer Dmitri Izmailov, both former Uber executives, and have been joined…
The June issue of Logistics Manager – a supply chain special looking at fashion, visibility, digital technology and extended supply chains – is out now in print, online as well as for the iPad and Android. Cover Story: Extended Supply Chains Inertia is the enemy… Extended supply chains have huge benefits for businesses and for the consumer, but currently face pressure…
A 1,524,600 sq ft site at Geddington Road, Corby has sold for £18.8 million nearly £6.5 million above the price paid for it just over two years ago. AEW UK REIT paid £12.4 million for the site in February 2018. It is fully let to 3PL Gefco UK producing a net income yield against the…
Royal Mail has revealed its top delivery destinations in the UK during the coronavirus lockdown. Royal Mail has released figures showing the UK delivery hotspots, highlighting the importance of the mail system. In England, the top five locations for deliveries were Central London; North West London; Carlisle; Redhill; and Uxbridge, and Lerwick, Scotland topped the…
Secretary of State for Housing, Communities and Local Government Robert Jenrick has called in four planning applications for industrial and logistics schemes on green belt sites in Merseyside, Lancashire and Cheshire. This includes investor developer Tritax Symmetry’s 1.44 million sq ft warehouse scheme Symmetry Park Wigan. The 134-acre scheme secured planning permission in January this…
Wincanton has announced its pre-close trading update for the year ending March 31st 2020 along with a Covid-19 update. The 3PL said that underlying profit will be in line with market expectations and net debt at year-end will be down to between £10m and £15m. Wincanton has also said that a revenue growth of more…
Fledgling etailer Spire Imports has taken a warehouse at Solstice Park in Amesbury, Wiltshire. The 1,485 sq ft industrial property at the Bluestone Centre was taken on a six year lease. The quoting rent was £8,750 a year. Spire Imports, which was founded last year, trades online and through Amazon selling clothing, party goods, fashion…
A former speedway track in Newcastle under Lyme is to be turned into a £16.8 million warehouse scheme. Peveril Securities has applied for permission to demolish the existing speedway and redevelop the site to provide up to 300,000 sq ft of warehousing space on the former Loomer Road Speedway Stadium on land west of Pit…
A 3,267,000 sq ft site on the banks of the River Tyne is being sold through property consultant Avison Young for £15 million. The site consists of 461,128 sq ft of high quality industrial, warehouse and office accommodation providing a very low site coverage of 14.15%. The property is currently used as a manufacturing and…
Companies believe that the coronavirus pandemic will be a driving force for the increased need for digital transformation in procurement. Research conducted by Ivalua shows that of the 200 procurement, supply chain, and finance professionals surveyed, 84% believe that greater digitalisation and 35% believe that better digital skills, will enable them to more effectively mitigate…
Tapfright is using the Mandata transport management system and integrated Manifest ePOD app, to capture electronic proof of delivery to limit person-to-person contact during the Covid-19 pandemic. At the start of the Covid-19 crisis, the company wanted ensure its staff were protected by limiting contact with the end user. Tapfreight partnered with Mandata which proposed…
Warehousing, distribution and logistics provider Carlton Forest Group has taken developer Goodman’s 125,000 sq ft warehouse in Rotherham, South Yorkshire. The North Nottinghamshire based company has taken the unit to assist with its current expansion programme. The company’s latest annual report noted that turnover had increased to £7.7 million in the 12 months to 31…
UK transport, warehousing and distribution specialist Gregory Distribution has bought a warehouse in Newton Abbot, Devon just a day after it announced it will shed 100 jobs. The 75,500 sq ft property at PowerPark 38 was sold by UK and European real estate investment management firm Oxenwood Real Estate and its joint venture partner, Mulberry…
German fashion 3PL Bleckmann, has expanded its UK footprint, opening a 430 500 sq ft multi-customer distribution centre in Magna Park, Lutterworth. The 3PL said that despite the recent impact of Covid-19 the Manga Park site was a “big milestone” to accommodate further growth of its business in the UK, and it also had investments…
Parcel company DPD has pre-let a warehouse at Tritax Symmetry’s Symmetry Park, Bicester scheme in Oxfordshire. The facility which will be constructed to net zero carbon will be used as a specialist parcel distribution facility. Cherwell Council granted planning consent for what will be DPD’s 36th new format hub built in the UK since 2011,…
German chemical and fuels logistics giant Hoyer said it is in a good place to ‘confront the effects’ of coronavirus on its business despite a subdued 2019 that saw a 0.9% rise in turnover. For 2019 Hoyer achieved a turnover of €1.17 billion (£1.04bn), but profit before tax dropped to €38 million, from €40 million…
Touted as the largest sale and leaseback during the coronavirus pandemic global 3PL Neovia has secured a £100 million plus sale and leaseback deal with real estate investor Griffen UK, backed by Jersey-based Griffen Capital for its 1.65 million sq ft warehouse campus in Desford, Leicestershire. The exact sum paid is undisclosed and at present…
Gregory Distribution has blamed significant decreases in business due to coronavirus as the reason being its decision to cut 100 jobs from its 2,700 strong workforce. Angela Butler, managing director of Gregory Distribution said that during lockdown the majority of its business has remained busy, although she said that there were some areas which had…
Freight management services specialist Xpediator said that it has traded “resiliently” throughout the current Covid-19 pandemic. At its AGM today, Xpediator said that although its activity levels had been slightly lower than normal due to the coronavirus, there remained “good demand from some sectors”. However, it said that the impact of Covid-19 on margins had…
E-commerce fulfilment provider James and James Fulfilment has signed a ten year lease on Liberty 196, a new Prologis facility on Northampton’s Brackmills Industrial Estate. Liberty 196 will become operational in late July once Prologis and James and James Fulfilment install safety measures which will include employee welfare facilities. Construction of a mezzanine level will…
There is a school of thought that the major wave of post-war economic growth wasn’t just the euphoria of peace, it was driven by something we take for granted these days…. the widespread proliferation of infrastructure such as plumbing, electricity and refrigeration. But think back to how revolutionary such technology was… Think of the impact…
Developer Roxhill has secured planning permission for a 600,000 sq ft plus distribution centre at its 180-acre Peterborough Gateway scheme. The development has been pre-let to an as unnamed food processor and distributor of sweet and savoury sauces, which will use the distribution centre for national and international distribution. The 631,820 sq ft facility will…
Drinks company C&C Group is reorganising its supply chain and distribution operations in Scotland, consolidating operations in Cambuslang and opening a new 50,000 sq ft DC in Edinburgh. The reorganisation will optimise the group’s logistics capabilities and put in place a network which most efficiently serves customers across Scotland. C&C owns Tennent’s Wholesale and Matthew…
The British International Freight Association calling for its members to join an HMRC list of customs agents and parcel couriers for customs declarations. With the transition period for the European Union ending on 31 December 2020, BIFA said that the list was required to overcome unnecessary disruption during trade talks next year. Robert Keen, director…
With the latest ONS figures showing the highest online shopping figures on record in April 2020, there has been a subsequent increase in demand for warehouse space nationwide. Ed Cole, head of logistics, JLL, said: “April saw us move into a full month of lockdown and as we expected these numbers from ONS show us that…
Overall retail sales in the UK fell 18.1% in April, following a 5.2% drop in March, as volumes in the sector slumped to record lows. Yet, according to the ONS, the proportion spent with e-commerce soared to the highest on record in April accounting for 30.7%, which compares with the 19.1% reported in April 2019….
On the surface, sheds seem to be thriving in the West Midlands, but if you dig a little deeper there are some structural challenges in pairing the right operator with the right space. Liza Helps reports. Availability rose by 61% across all size ranges in the West Midlands by the end of 2019 according to…
FedEx has signed a multiyear collaboration deal with Microsoft to use cloud computing to further digitise its supply chain, starting with the jointly-developed visibility tool FedEx Surround. FedEx Surround uses data to provide “near-real-time analytics into shipment tracking”, with the target of improving inventory management as well as the precision of logistics movements . The…
Insulation and dry-lining distributor Markovitz has taken a warehouse in West Yorkshire. It has taken Leeds based property company Pullans’ 25,450 sq ft Unit 2, Freeway Park in Castleford, Wakefield. The unit was previously occupied by Debenhams. Markovitz, a family run business which started in 1935 and now employing more than 250 staff, has leased…
With the government pushing for a net-zero carbon future could rail, air and port related warehousing schemes be the answer? Liza Helps reports. On 27 June 2019 the UK became the first major economy in the world to legislate to end its contribution to global warming by 2050, and it turned its gaze firmly on the logistics industry…
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