Peel Ports Group has announced plans to make a multi-million-pound investment in new warehousing to create one million ft² of additional capacity.
Reportedly, the warehouse space will be Grade A, adding one million ft² across its network to ensure customers have access to the storage facilities they need to maintain resilient, efficient and secure supply chains.
The initial phase of investment will focus primarily on the Port of Liverpool, where a new 900,000ft² warehouse and upgrades to existing facilities will support growing customer operations across the North West and beyond.
An additional 100,000ft² facility will also be developed at King George V Dock in Glasgow, strengthening Peel Ports’ warehousing network across the UK.
Keir Mather, minister for aviation, maritime and Logistics, said: “Ports are the backbone of the UK economy, ensuring goods and people flow freely in and out of the country.
“This multi-million pound investment in new warehousing at Liverpool and Glasgow will keep our proud maritime cities competitive, boost local growth and support new, skilled jobs.
“More widely, we’re backing UK maritime with £448 million to drive innovation and deliver the clean fuels and technologies of the future – revitalising our coastal communities, reducing emissions and ensuring the UK’s shipbuilding heritage continues to thrive.”
The investments come as businesses increasingly review their supply chain strategies in response to changing global trade patterns, evolving customer requirements and the need for greater resilience.
More organisations are seeking port-centric warehousing solutions that reduce transportation costs, improve operational efficiency and provide direct access to major import and export routes.
Demand is being driven by a number of strategically important sectors, including fertiliser, chemicals, defence, manufacturing and other bulk commodity markets.
