Following a change in market demand and industrial requirements in the North West, Rosemound Developments has announced that its Pioneer Point building will now offer occupiers the option of a sub-division of the building,
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TDG has taken 22,110 sq m (238,000 sq ft) at the former Cummins Factory in Shotts, North Lanarkshire, in one of the biggest lettings in the region for five years.
RAM Spreaders has launched its new RAM Flexlift for twin 40ft or 45ft container handling. The lift has been trialled at Hutchison Port Holding’s Yantian Port where the lift achieved 60 x 40ft container movements per hour in its fourth operation.
ProLogis has signed new lease agreements totalling approximately 900,000 sq ft of space in the United Kingdom.
DHL Exel has opened a new 40,000 sq m distribution centre in Cannock.
Specialist insulation company Sheffield Insulations Group has chosen Eurocentral as the location for a new 6,679 sq m (71,900 sq ft) distribution facility.
The Port of Felixstowe has welcomed the inaugural call of the world’s largest container ship, the Cosco Ningbo.
Structural steel costs are predicted to increase by around 8-10 per cent this year, which is likely to lead to an increase in rent levels for new buildings.
Online Roadways, the transport and logistics division of Pass J Holdings based in Essex, has acquired Mike Beer Transport. The acquisition now gives Online Roadways a 220 strong fleet, which ranges from sprinters to 44 tonnes.
TNT’s first quarter sales were up 8.9 per cent to 2,647m euros while the profit from continuing operations was up 6.9 per cent at 216m euros. The logistics division, which is up for sale, saw losses increase from 8m to 11m euros.
