Logistics companies face a gamble with long-term leases if they are to cope with the impact of a no-deal Brexit on UK supply chains, despite a supposedly improving warehouse market.
Chief executive of the UK Warehousing Association (UKWA) Peter Ward told The Loadstar reports were painting a rosier picture, but this ignores the needs of the logistics community.
“Messages are being bandied around that there are greater levels of warehouse space available, with more being spent on speculative development,” he said.
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Source: The Loadstar