Transport & Distribution

XPO Logistics, a leading global provider of transport and logistics solutions, today announced that it has completed its previously announced acquisition of the majority of Kuehne + Nagel’s contract logistics operations in the UK and Ireland.

Hermes Parcelnet has signed for an 78,650 sq ft warehouse facility in Weybridge. The landlord is Oxenwood Real Estate, the UK and European real estate investment management firm.

Evolution has been rapid and the role of warehousing brought into sharp focus. Charles Crossland, Managing Director at Goodman UK, discusses the role property will play in servicing future demand sustainably and efficiently.

A group of European investors has amassed a £495 million war chest as they buy sites for potential last mile logistics hubs.

Unwanted out-of-town shopping centres and retail parks could be converted into urban logistics hubs.

A 350,000 sq ft speculative warehouse is to be build at Bedford, as investors and developers pile into the A1/M1 link area.

Investors have poured another £44 million into buying last-mile logistics units in a move which will help drive up the chances of new development.