A members survey by freight trade association, Logistics UK, found that 40% of respondents had experienced transport costs rising by 25% or more and with margins typically very low, particularly for road freight, many will not be able to absorb these increased costs. In the survey 71% reported an escalation in the cost of transporting goods …
The European Pallet Association (EPAL) and the European Federation of Wooden Pallet and Packaging Manufacturers (FEFPEB) have warned of a shortage of wooden pallets and packaging that is already being felt. The war in Ukraine and the shutdown of production is having serious consequences for European pallet manufacturers, with packaging prices increasing, as evidenced by …
Fuel prices were already on the way up before Russia decided to invade its neighbour and the additional volatility and uncertainty created by the conflict in Ukraine are significant enough to drive oil and fuel prices to levels not seen before. Or at least since the 1970’s relatively. Average low-sulphur marine fuel prices had already risen to $726/mt prior to the Ukraine …
Leading commercial property agents have warned that the UK could run out of warehouse space within a year, following the surge in online shopping and supply chain disruption triggered by the COVID19 pandemic. Demand for warehouses and vacant space is being driven by eCommerce, manufacturing and logistics support businesses that are having to hold inventory …