Six in 10 supply chain professionals believe that customer experience is more important than price when it comes to the purchase of new technologies. According to a survey conducted by software and services firm BlueJay Solutions 61 per cent of supply chain professionals agreed or strongly agreed that customer experience will overtake price and product…
Property developer dbSymmetry, which was bought by big sheds investor Tritax Big Box REIT in February, has rebranded as Tritax Symmetry. Tritax Big Box acquired an 87% economic interest’ in the DBS held assets (the “Symmetry Portfolio”), combining its 30.9 million sq ft logistics investment portfolio with one of the UK’s largest and most geographically…
Coffee machine manufacturer Evoca has agreed a 15-year lease on a 40,000 sq ft unit at Prime Point, a £1.5 million speculative development in the West Midlands. It will be the first move in the 85-year history of the UK operation at Evoca, which has been based in nearby Bilston since 1934. UK managing director…
Detailed planning consent has been granted for Trebor Developments and partner, Hillwood to speculatively develop a two-unit warehouse scheme at the Doncaster Sheffield airport site in South Yorkshire. The units are 45,876 and 59,159 sq ft and works will start on site in November for delivery in in the second quarter of 2020. The partnership…
Europa Worldwide managing director Andrew Baxter (pictured) has said that the freight forwarder and European road freight operator is “ready to handle a no-deal Brexit”. Europa has spent £2 million to ensure what it describes as the smoothest possible transition for its customers should there be a no-deal Brexit. The £2 million investment includes a…
Kitchen retailer Wren Kitchens has bought a 3.5 acre plot at Delta Properties’ newly released extension of Central Park, Bristol. The site has full planning consent already granted for open storage or new build warehouse and distribution, meaning no further planning permission is required prior to commencing development. Wren Kitchens has purchased the plot for…
Residual stock management specialist and confectionery supplier Morris & Son has taken a 52,000 sq ft warehouse in Barnsley from Columbia Threadneedle Investments. The company has secured a ten-year lease on the purpose-built distribution centre at Silkstone Court on Dodworth Business Park The acquisition will support Morris & Son’s growth plans, with the relocation allowing…
The Confederation of British Industry has called on the government to boost local transport and infrastructure spending in its imminent spending review. Chancellor Sajid Javid is due to present the review tomorrow (4th September). The CBI wants the government to follow through on commitments to deliver crucial large investment projects, including HS2, Crossrail and Northern Powerhouse…
Ocado Retail, the joint venture between Ocado Group and Marks & Spencer, is to open its fifth Customer Fulfilment Centre (CFC) – a 304,355 sq ft facility in SEGRO Logistics Park, Purfleet, Essex. Work is due to begin on the 19-acre site, situated just off the A13, later this month. It is the second facility…
Plug-in hybrid vehicles may be needed to bridge the gap to zero tailpipe emission vehicles, according to a report focusing on heavy goods vehicles by the government-backed Energy Technologies Institute. The report, ‘HGVs and their role in a future energy system’, aims to address the decarbonisation options for HGVs as part of the wider energy…
Commercial vehicle production fell 31.2 per cent in July – the fourth successive month of decline, according to the Society of Motor Manufacturers and Traders. Just over 5,000 commercial vehicles came off production lines last month, some 2,290 fewer units than in the same month in 2018, with the fall driven primarily by the reduction…
Eines ist für Mag. Stefan Krauter unbestritten: Die „Silk Rail Road“ etabliere sich in erstaunlicher Geschwindigkeit als interessante dritte Variante für Gütertransporte von Greater China (China, Hongkong, Taiwan) nach Zentral-, Ost- und Südosteuropa. Zwar erfahre der Großteil der Sendungen auf dieser Handelsroute weiterhin eine Abwicklung entlang der „Maritimen Seidenstraße“ und spiele für Wertgüter auch die Luftfracht…
Li & Fung, the Hong Kong based supply chain solutions partner for brands and retailers, has reported an 18.6 per cent fall in core operating profit for the first half of 2019. It said the reduction in profit was down to a decrease in turnover and total margin in the Supply Chain Solutions business coupled…
UPS has taken a minority stake in TuSimple, the autonomous driving company it is working with to test self-driving tractor trailers. It has been providing truckloads of goods for TuSimple to carry on a North American freight forwarding route between Phoenix and Tucson, Arizona. UPS contracts with third-party trucking companies during its peak shipping season….
Starship Technologies has become the first autonomous delivery service to complete 100,000 commercial deliveries. The company made the announcement as it closed US$40m in Series A funding and revealed plans to expand its service to 100 university campuses around the world in the next 24 months. With the closing of this latest investment round, Starship…
Lineage, the temperature-controlled logistics provider, has expanded its UK fleet with a 41 refrigerated trailers from Schmitz Cargobull. The reefers are equipped with Carrier Transicold Vector single temperature units. The trailers join a 500-strong fleet. Head of transport Will Maycock said: “With the support we receive from the Service Partner network, we’re confident the new…
Speciality chemical company Croda Europe has pre-let a 376,150 sq ft distribution warehouse on the Goole 36 Enterprise Zone in East Yorkshire. The property is to be developed by Tritax Big Box REIT’s dedicated logistics developer, db symmetry. The facility is being let on a 20 year lease at a rent of £1.3 million a year…
MPs are to look at how the growth of international trade is affecting the environment – including the impact of transporting goods. The House of Commons International Trade Committee will examine how the government should address environmental issues in its trade and investment policy – including at the WTO and in future trade agreements. Committee…
Keswick Enterprises, the group chaired by John Harvey, made an operating profit £984,000 last year, up from £241,000 the year before, while turnover was up marginally to £35.5m. Spatial Global, the freight forwarding and international transport business, increased turnover by 3.9 per cent with strong growth in both the mail and e-commerce businesses. Freight operations…
MPs are to look at how the growth of international trade is affecting the environment – including the impact of transporting goods. The House of Commons International Trade Committee will examine how the government should address environmental issues in its trade and investment policy – including at the WTO and in future trade agreements. Committee…
Global sportswear company Puma has taken Barwood Capital’s 261,000 sq ft ‘Super G’ speculative warehouse at Glasshoughton, near Castleford in Yorkshire. The building has been taken on a 15-year lease at a rent of £5.75 per sq ft. The company has commenced a fit out of the building and taken occupation from 1 August 2019….
More than fifty major retailers have called on chancellor Sajid Javid to reduce the burden of business rates on high street stores which are struggling to compete with online specialists such as Amazon. In a letter to Javid co-ordinated by the British Retail Consortium, they point out that retailers account for five per cent of…
DHL Supply Chain is investing £90 million to put more than 1,000 new vehicles on the road in 2019 to support the growth of a number of networks. The investment covers tractor units, specialised rigids and temperature-controlled vehicles. A number of them will run on liquefied natural gas. The company believes that transport is moving…
Wholesaler Cotswold Fayre has chosen Geodis to manage warehousing and distribution to retailers across the UK, in a move which chief executive Paul Hargreaves says will make its ambient distribution carbon neutral. Geodis has been delivering Cotswold Fayre’s shipments to 1,750 retailers since March, and from August will provide a complete supplier to retailer logistics…
XPO’s operating profit rose 5.7 per cent in the first half of 2019 to $390 million, despite a 2.3 per cent fall in revenue to $8.4 billion. For the second quarter alone revenue was down 2.9 per cent to $4.2 billion, while operating profit was up 13 per cent to $258m. The company’s logistics segment…
Consumers was more specialist food shops in their local area, and fewer betting shops, according to research by the Association of Convenience Stores. Top of the list of services that people want more of are specialist food shops (1st) and banks (2nd). Rising rents, the cost of business rates, and cuts in interchange fees for…
FedEx is investing an additional $450 million to expand and modernise its world hub at Memphis airport. The company set out plans to invest $1.1 billion at the site in March last year, and this new investment takes the total to more than $1.5 billion. The hub currently has 163 aircraft gates and employs 11,000…
Union Investment hat eine Logistikimmobilie mit rund 105.000 Quadratmetern Mietfläche in Eschweiler bei Aachen von Garbe Industrial Real Estate erworben. Das Objekt wurde Ende 2018 fertiggestellt und ist langfristig an den Logistikdienstleister Hammer vermietet. Über den Kaufpreis haben die Transaktionspartner Stillschweigen vereinbart. Der Ankauf erfolgt für den institutionellen Offenen Immobilien-Publikumsfonds „UniInstitutional European Real Estate“. „Die…
LOT Polish Airlines is launching year-round flights between Budapest Airport and Seoul Incheon. The route will be operated three times per week from 22nd September by a Boeing 787-8 Dreamliner. This will enable Budapest Airport to better serve customer’s needs. Jost Lammers, CEO Budapest Airport: “LOT’s long-haul service to Seoul is the first scheduled flight…
The Port of Hamburg is a significant economic factor for the Hamburg Metropolitan Region. In addition, it has great significance nationally and internationally as a hub and for the global exchange of goods. In a first step, the port management was modernised in 2005 with the spin-off of the Hamburg Port Authority AöR and the…
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