Golden logistics triangle sees massive expansion amidst record increases in business premises
Reasons to choose Wilson Browne
Northamptonshire is renowned for its transport and logistics hubs at the heart of the road and rail networks helping facilitate the increase in online shopping.
As a business with many clients in the sector, and as active members and sponsors of the Northants Logistics Forum Awards, Wilson Browne Solicitors takes a keen interest in the latest developments.
Our area has seen a huge increase in transport and storage sites. The Golden Logistics Triangle, as it’s known as, which spans from Northamptonshire up the M1 to East Midlands airport and to Tamworth in the west has supplemented an 88% increase in UK Business premises classified as transport and storage in the past 10 years.
Supply chain companies in the area can access over 90% of the UK population within 4 hours drive. Added to this is the proximity of the main railway lines and access to important freight terminals such as Felixstowe and Harwich.
Whilst transport and storage only accounts for 5% of business premises, the need for distribution services have driven the growth of transport and storage to be the fastest growing industry group in recent years and over the longer term. From warehousing, haulage, postal services, multi-drop and courier services to associated businesses such as those supplying racking and storage or even tractor/trailer services, there is a multitude of businesses operating in the sector.
Whilst the increase is welcome there are many pressures placed on operators following the effects of the pandemic, including a lack of investment in automation and connectivity, skilled worker shortages, driver vacancies, shortages in shipping containers & disruption to ferry routes and rising fuel prices, all whilst the government places added pressures on sustainability.
With mounting pressures the correct legal advice is essential.
Whether its employment advice for employees at the heart of the operation, commercial property leases, extensions or land acquisitions, corporate & commercial support with contracts, terms and conditions, debt recovery, commercial Litigation and acquisitions and disposals you can count on the wide range of Logistics experts at Wilson Browne Solicitors.
Through our work with leading transport and logistics companies such as Dascher with nearly 25,000 employees, Anglo Turkish International Limited, and United Pallet Network to name a few, we have the industry knowledge to provide the specialist support.