Asset Alliance Group funds trackways for ground protection specialist

Asset Alliance Group has financed 2,000 portable aluminium trackway panels worth more than £2m for Davis Trackhire, after first securing a deal to supply two new Scania drawbar outfits.

The ground protection specialist based in Newmains, Scotland, first approached Asset Alliance Group about extending its 10-strong truck fleet with three new vehicles and agreed a five-year full-service finance hire agreement.

When the team realised Asset Alliance Group also provides competitive and flexible finance for all capital expenditure, they asked them to fund new investment in their stock of aluminium trackway panels which are used to create access over soft ground in various industries including events, film and television and construction.

Co-owner at Davis Trackhire, Blake Davis, says: “We had been aware of Asset Alliance Group because of their reputation in trucks and trailers, but we didn’t know they could also help fund new track for us. They’ve been able to provide excellent rates for the trucks and the panels, and the team have been so easy to work with. The whole process has been seamless.”

Each new Scania is mounted with a 3.5m flatbed body built by PMH Coachbuilders, together with a Palfinger crane and subframe to enable loading and unloading in any location. It operates with an SDC tri-axle flatbed trailer with the full combination purpose-designed to transport 3m-long aluminium trackway panels nationwide.

The trucks feature a striking livery applied by CubeWraps using 3M IJ180mC film for a metallic paint-like effect and finished with overlaid reflective logos for 24/7 visibility.

Each vehicle will operate Monday to Friday and will likely cover 500-600km per week. With driver comfort in mind, a crew welfare pod has been mounted behind each cab featuring a toilet, shower, bunk beds, fridge, microwave and coffee machine.

Founded in 2010, Davis Trackhire is a UK-wide company owned and operated by Blake Davis and his brother Travis. It has one depot in Newmains and another in Retford, which together hold stock of 10,000 heavy duty trackway panels.

Integration key to harnessing technology gains

Stefan Spendrup, Vice-President of Sales Northern and Western Europe at SOTI, discusses whether poor integration could be ruining the benefits of mobile technology within your organisation.

Around the world, mobile and Internet connected technologies have become even more integral to the way we live and do business than before the pandemic. For enterprises, this has presented both a challenge and an opportunity.

The challenge is to meet these changing customer expectations and adapt to an increasingly volatile socio-economic climate with the right technologies and the right customer experiences, at the same time as preparing for the future. Change and disruption also brings opportunity for those who can see mobility as an enabler, rather than an obstacle. In a recent SOTI Global Survey of enterprise leaders, more than two-thirds (67%) said the mobile technology their organisation had invested in had provided a positive return on investment (ROI).

But many organisations are finding themselves having to quickly adapt to the rise in mobile technology, and poor integration is destroying any benefits they might see. While more than half (57%) of enterprises have invested in mobile technology or mobile security in the last year, the ‘A Defining Year: State of Mobility 2021 Report’ found that 56% of enterprise leaders admit their technology is either only partially integrated or not at all which is holding their businesses back.

2021 has been a year of rapid change. A mobility revolution has driven business growth and become a necessity to business continuity in the face of lockdowns and social distancing. The GSMA predicts that mobile operators will invest $900 billion USD between 2020 and 2025 worldwide in upgrading their services to meet ballooning demand for mobile connections and technology.

SOTI’s global research sought to understand the impact of mobile technology over the last year as well as how organisations can position themselves at the forefront of the post-pandemic mobile revolution. 1,400 business leaders were interviewed from enterprises in eight countries across three continents, including the UK.

Thriving or Surviving?

The research discovered that more than three quarters (79%) of enterprise leaders agree their organisation’s C-Suite realises the importance of mobile tech much more now than before the start of the COVID-19 pandemic, indicating that it’s climbed up the boardroom agenda. This is an important initial step, as it’s impossible to initiate change without buy-in from the top.

Yet it hasn’t all been smooth sailing. More than half (56%) said that their organisation’s portfolio of mobile devices has grown but managing the increased number of devices is proving difficult, indicating these businesses might not have the right device management technology in place – or they have nothing at all.

In fact, many existing tools don’t adequately help organisations troubleshoot device issues or help to manage the devices. This leads to increased downtime, a loss in productivity and likely a loss in revenue as well.

Meanwhile, 45% say that their organisation is not using mobile technology to help it adjust well to the challenges of the post-pandemic marketplace. The challenge for these companies is to fully integrate mobile technology into their core workflows to capitalise on the technology’s potential to provide flexibility and intelligence across the whole enterprise.

The scope of this challenge is revealed in the answers given about aspirations and goals for the near future. More than two-thirds (68%) agree that their company needs better business intelligence to navigate future unforeseen issues. Two-thirds (67%) also think they need better tools to diagnose issues before they become a problem. Almost half (43%) would like to improve their ability to monitor data analytics.

Life Beyond the Pandemic

The pandemic, lockdown and subsequent changes in consumer behaviour have accelerated the digital transformation of business by up to six years. Businesses are now faced with the prospect of a post-pandemic marketplace that is more fluid, more digital, more dynamic and marked by a rise in consumer demands. Supply chain issues and staff shortages are causing the UK’s economic growth to slow, and there are no immediate signs that these problems are coming to an end. Now more than ever, we need the efficiency provided by properly integrated mobile technology.

The mobility revolution has scaled rapidly across all areas of businesses as they train for, adapt to, roll out and manage enterprise mobility. To prevent growing pains and ensure maximum uptime and productivity, as well as the best user experience, enterprises need to integrate and manage multiple form factors, operating systems and legacy systems.

This is echoed in the findings, with enterprise leaders saying their companies need the following, post-pandemic:

  • Better data analytics, troubleshooting and issue resolution — 69%
  • Better business intelligence to help navigate future unforeseen issues — 68%
  • Better tools to diagnose issues before they become a problem — 67%
  • Improved security and user authentication across all mobile devices — 67%
  • Ways to better manage their expanded portfolio of mobile devices — 56%

Looking to the Future

In the immediate future, it looks like the recent pace of change for mobile technology will continue. Over the next 12 months, more than two-thirds (71%) of organisations are considering increasing their expenditure in mobile devices, systems and/or security, while more than half (56%) of organisations are considering increasing their expenditure on technology for better device and system integration and/or replacing legacy systems.

However, there are still significant efficiency and cost gains to be made by better integrating these technologies into workflows, employee practices and the customer experience. It’s vital that every organisation and every technology leader takes an urgent look at their mobile and internet connected technologies, to ensure they are not burning through any of the gains they could be making through poor integration.

In the transport and logistics industry, for example, recent SOTI research found that 46% of T&L companies with a mobile-first strategy say it has enabled them to gain visibility into critical aspects of their supply chain. However, those that have failed to invest in technology have struggled and 37% of T&L companies with outdated tech said they were prevented from sufficiently upscaling during the pandemic.

It’s important that any investment is considered and properly prepared for, rather than being a knee-jerk reaction. When decision-makers are in a rush to bring in new technology, they often fail to integrate the old and the new effectively. Every organisation will have legacy systems in place and the instinct should not be to simply discard or disown them in favour of something shiny and new.

At a time when enterprises are threatened with delays and disruptions, investment into resilience and innovation is vital, but having the care and consideration to integrate old and new mobility technology will become the key to business success.

Integration key to harnessing technology gains

Stefan Spendrup, Vice-President of Sales Northern and Western Europe at SOTI, discusses whether poor integration could be ruining the benefits of mobile technology within your organisation.

Around the world, mobile and Internet connected technologies have become even more integral to the way we live and do business than before the pandemic. For enterprises, this has presented both a challenge and an opportunity.

The challenge is to meet these changing customer expectations and adapt to an increasingly volatile socio-economic climate with the right technologies and the right customer experiences, at the same time as preparing for the future. Change and disruption also brings opportunity for those who can see mobility as an enabler, rather than an obstacle. In a recent SOTI Global Survey of enterprise leaders, more than two-thirds (67%) said the mobile technology their organisation had invested in had provided a positive return on investment (ROI).

But many organisations are finding themselves having to quickly adapt to the rise in mobile technology, and poor integration is destroying any benefits they might see. While more than half (57%) of enterprises have invested in mobile technology or mobile security in the last year, the ‘A Defining Year: State of Mobility 2021 Report’ found that 56% of enterprise leaders admit their technology is either only partially integrated or not at all which is holding their businesses back.

2021 has been a year of rapid change. A mobility revolution has driven business growth and become a necessity to business continuity in the face of lockdowns and social distancing. The GSMA predicts that mobile operators will invest $900 billion USD between 2020 and 2025 worldwide in upgrading their services to meet ballooning demand for mobile connections and technology.

SOTI’s global research sought to understand the impact of mobile technology over the last year as well as how organisations can position themselves at the forefront of the post-pandemic mobile revolution. 1,400 business leaders were interviewed from enterprises in eight countries across three continents, including the UK.

Thriving or Surviving?

The research discovered that more than three quarters (79%) of enterprise leaders agree their organisation’s C-Suite realises the importance of mobile tech much more now than before the start of the COVID-19 pandemic, indicating that it’s climbed up the boardroom agenda. This is an important initial step, as it’s impossible to initiate change without buy-in from the top.

Yet it hasn’t all been smooth sailing. More than half (56%) said that their organisation’s portfolio of mobile devices has grown but managing the increased number of devices is proving difficult, indicating these businesses might not have the right device management technology in place – or they have nothing at all.

In fact, many existing tools don’t adequately help organisations troubleshoot device issues or help to manage the devices. This leads to increased downtime, a loss in productivity and likely a loss in revenue as well.

Meanwhile, 45% say that their organisation is not using mobile technology to help it adjust well to the challenges of the post-pandemic marketplace. The challenge for these companies is to fully integrate mobile technology into their core workflows to capitalise on the technology’s potential to provide flexibility and intelligence across the whole enterprise.

The scope of this challenge is revealed in the answers given about aspirations and goals for the near future. More than two-thirds (68%) agree that their company needs better business intelligence to navigate future unforeseen issues. Two-thirds (67%) also think they need better tools to diagnose issues before they become a problem. Almost half (43%) would like to improve their ability to monitor data analytics.

Life Beyond the Pandemic

The pandemic, lockdown and subsequent changes in consumer behaviour have accelerated the digital transformation of business by up to six years. Businesses are now faced with the prospect of a post-pandemic marketplace that is more fluid, more digital, more dynamic and marked by a rise in consumer demands. Supply chain issues and staff shortages are causing the UK’s economic growth to slow, and there are no immediate signs that these problems are coming to an end. Now more than ever, we need the efficiency provided by properly integrated mobile technology.

The mobility revolution has scaled rapidly across all areas of businesses as they train for, adapt to, roll out and manage enterprise mobility. To prevent growing pains and ensure maximum uptime and productivity, as well as the best user experience, enterprises need to integrate and manage multiple form factors, operating systems and legacy systems.

This is echoed in the findings, with enterprise leaders saying their companies need the following, post-pandemic:

  • Better data analytics, troubleshooting and issue resolution — 69%
  • Better business intelligence to help navigate future unforeseen issues — 68%
  • Better tools to diagnose issues before they become a problem — 67%
  • Improved security and user authentication across all mobile devices — 67%
  • Ways to better manage their expanded portfolio of mobile devices — 56%

Looking to the Future

In the immediate future, it looks like the recent pace of change for mobile technology will continue. Over the next 12 months, more than two-thirds (71%) of organisations are considering increasing their expenditure in mobile devices, systems and/or security, while more than half (56%) of organisations are considering increasing their expenditure on technology for better device and system integration and/or replacing legacy systems.

However, there are still significant efficiency and cost gains to be made by better integrating these technologies into workflows, employee practices and the customer experience. It’s vital that every organisation and every technology leader takes an urgent look at their mobile and internet connected technologies, to ensure they are not burning through any of the gains they could be making through poor integration.

In the transport and logistics industry, for example, recent SOTI research found that 46% of T&L companies with a mobile-first strategy say it has enabled them to gain visibility into critical aspects of their supply chain. However, those that have failed to invest in technology have struggled and 37% of T&L companies with outdated tech said they were prevented from sufficiently upscaling during the pandemic.

It’s important that any investment is considered and properly prepared for, rather than being a knee-jerk reaction. When decision-makers are in a rush to bring in new technology, they often fail to integrate the old and the new effectively. Every organisation will have legacy systems in place and the instinct should not be to simply discard or disown them in favour of something shiny and new.

At a time when enterprises are threatened with delays and disruptions, investment into resilience and innovation is vital, but having the care and consideration to integrate old and new mobility technology will become the key to business success.

Fronius offers smart network solution for battery chargers

Digital networking is taking great leaps forward in intralogistics, including in the operation of electric forklift trucks. In Charge & Connect, Fronius Perfect Charging offers a software solution that networks the charging infrastructure and enables industrially secure data transfer in real time. Users benefit from greater transparency and control of the entire charging infrastructure, giving them the power to boost the efficiency of their intralogistics.

Monitoring and managing the processes involved in charging traction batteries poses a challenge for many forklift truck operators. They often lack an overview of truck availability and current power consumption, particularly in the case of large fleets. Charge & Connect is the intelligent solution from Fronius: networking Selectiva battery chargers makes it possible to log and analyse all the relevant charging data and visualise it in a clearly arranged dashboard. The result? A range of options for users to boost intralogistics performance and reduce costs.

Cross-location, central overview

Charge & Connect displays information such as the state of charge of the connected batteries, energy consumption and the battery charger status. The user benefits from a central overview across several locations and can see where charging processes can be improved. Extensive analysis functions make it possible to find and rectify operating and application errors.

Real-time status monitoring

This software solution from Fronius Perfect Charging also helps operators to reduce downtime among their forklift truck fleets. For instance, if the charging infrastructure develops an error or fault, Charge & Connect will automatically send a push notification to the contact saved in the system. A detailed description of the error including step-by-step instructions on how to rectify it mean problems can be addressed before they result in expensive downtime or lifecycle costs.

Sustainable cost optimisation

The system also collates statistics that can be opened and viewed at any time, providing added benefits. Data from the networked charging infrastructure is analysed in the system and presented in an informative way. The statistics can be used to see whether the ideal number of traction batteries is being used, whether potential savings could be made, etc. The long-term view showing battery charger performance also helps to ascertain whether and when expensive load peaks occur. This data can be used to introduce optimisation steps and reduce energy costs.

 

Fronius offers smart network solution for battery chargers

Digital networking is taking great leaps forward in intralogistics, including in the operation of electric forklift trucks. In Charge & Connect, Fronius Perfect Charging offers a software solution that networks the charging infrastructure and enables industrially secure data transfer in real time. Users benefit from greater transparency and control of the entire charging infrastructure, giving them the power to boost the efficiency of their intralogistics.

Monitoring and managing the processes involved in charging traction batteries poses a challenge for many forklift truck operators. They often lack an overview of truck availability and current power consumption, particularly in the case of large fleets. Charge & Connect is the intelligent solution from Fronius: networking Selectiva battery chargers makes it possible to log and analyse all the relevant charging data and visualise it in a clearly arranged dashboard. The result? A range of options for users to boost intralogistics performance and reduce costs.

Cross-location, central overview

Charge & Connect displays information such as the state of charge of the connected batteries, energy consumption and the battery charger status. The user benefits from a central overview across several locations and can see where charging processes can be improved. Extensive analysis functions make it possible to find and rectify operating and application errors.

Real-time status monitoring

This software solution from Fronius Perfect Charging also helps operators to reduce downtime among their forklift truck fleets. For instance, if the charging infrastructure develops an error or fault, Charge & Connect will automatically send a push notification to the contact saved in the system. A detailed description of the error including step-by-step instructions on how to rectify it mean problems can be addressed before they result in expensive downtime or lifecycle costs.

Sustainable cost optimisation

The system also collates statistics that can be opened and viewed at any time, providing added benefits. Data from the networked charging infrastructure is analysed in the system and presented in an informative way. The statistics can be used to see whether the ideal number of traction batteries is being used, whether potential savings could be made, etc. The long-term view showing battery charger performance also helps to ascertain whether and when expensive load peaks occur. This data can be used to introduce optimisation steps and reduce energy costs.

 

TEST CAMP INTRALOGISTICS concludes successfully

Fifty-one innovations, 950 participants over six days, daily highlight tours and a top-class congress programme with panel discussions – the IFOY TEST DAYS and the TEST CAMP INTRALOGISTICS came to a successful end on Wednesday evening in Dortmund.

Fourteen products and solutions from 12 companies nominated for an International Intralogistics and Forklift Truck of the Year Award (IFOY AWARD) underwent six days of multi-level testing. Among them were new developments from Cargotec Engineering, Jungheinrich, Locus Robotics, Magment, NAiSE, Noyes Technologies, robominds, SICK, SSI SCHÄFER, STILL, stow robotics and SYNAOS.

These and numerous other companies took the opportunity to present their total of 51 innovations to potential customers at the TEST CAMP INTRALOGISTICS from March 21 to 23. The B2B visitors – most of them in management positions in logistics, industry and trade – travelled to the Ruhr metropolis for hands-on testing as well as intensive networking discussions without the hustle and bustle of the trade fair in the more than 10,000 square metre hall of IFOY partner Messe Dortmund. From forklift trucks and warehouse technology equipment to AGVs (Automated Guided Vehicles), software, specials and robotic solutions, numerous devices and solutions were available in the test arena.

The talks revolved primarily around the topics of innovation and sustainability. The IFOY organisation also made sustainability a principle and took a number of measures to effectively conserve resources. The focus was on reusability and recycling, the use of regenerative energies and, above all, the fundamental renunciation of equipment that was not absolutely necessary. The declared aim was to launch a new, sustainable event format in logistics.

The congress programme celebrated its premiere this year with prominent panel discussions on the trend topics of innovation management, Intralogistics 4.0 and VDA 5050. The keynote on the opening day was given by the internationally renowned logistics researcher Prof. Dr. Dr. h.c. Michael ten Hompel (Fraunhofer IML) on the topic of “How innovations change logistics”.

From March 18 to 23, the nominees in the 10th round of the competition were critically analysed by an official tester, a team of researchers and the international IFOY jury. On Tuesday, representatives of the total of 12 manufacturers received the “Best in Intralogistics” certificates from the hands of Steffen Bersch, the new Chairman of the Board of the VDMA Materials Handling and Intralogistics Association.

The IFOY audit for the nominees again consisted of three parts again this year. First, all the trucks underwent the IFOY test conducted by Dutch intralogistics expert Theo Egberts. In this process, the finalists in each category are not compared with each other, but with the relevant equipment in the competition. The industrial trucks underwent standardised driving and functional tests, including the IFOY test protocol comprising more than 80 criteria, which takes into account factors such as sustainability, cost-effectiveness, safety and ergonomics of the nominees.

In the second part of the audit, researchers conducted the IFOY Innovation Check. Scientists from the Dortmund Fraunhofer Institute for Material Flow and Logistics (IML), the Chair of Technical Logistics at the University of Dresden, the Chair of Materials Handling Material Flow Logistics at the Technical University of Munich and the Stuttgart Fraunhofer Institute for Manufacturing Engineering and Automation IPA assessed the nominees in terms of market relevance, customer benefits, type of design and degree of innovation. The audit was concluded by the assessment of the 25 jurors and their approved advisors. The jury members – trade journalists from all continents, with the UK represented by Logistics Business News Editor Peter MacLeod –  were handed all the results of the IFOY test as well as the IFOY Innovation Check for the voting.

The TEST CAMP INTRALOGISTICS also included a revival of the AGV Mesh-Up initiated by the VDMA Materials Handling and Intralogistics Association and its member companies. Following the world premiere of the first live test of the VDA 5050 communication interface in the previous year, the 2022 test scenario was relaunched and once again gave B2B visitors the opportunity to observe the functions of Automated Guided Vehicles (AGVs) for themselves and to exchange ideas with developers and scientists. This year, not only some new manufacturers participated in the AGV Mesh-Up, but also extended functionalities of the communication interface were presented. Participants in the AGV Mesh-Up were the companies DS AUTOMOTION, ek robotics, Fraunhofer IML, incubed IT, Omron Electronics, SAFELOG, Siemens and SYNAOS.

Neither the participants of the TEST CAMP INTRALOGISTICS nor the nominees will be told who has won an IFOY AWARD during the IFOY TEST DAYS. They will have to wait until the IFOY AWARD Night on June 30, 2022, which will take place this year in Munich.

 

TEST CAMP INTRALOGISTICS concludes successfully

Fifty-one innovations, 950 participants over six days, daily highlight tours and a top-class congress programme with panel discussions – the IFOY TEST DAYS and the TEST CAMP INTRALOGISTICS came to a successful end on Wednesday evening in Dortmund.

Fourteen products and solutions from 12 companies nominated for an International Intralogistics and Forklift Truck of the Year Award (IFOY AWARD) underwent six days of multi-level testing. Among them were new developments from Cargotec Engineering, Jungheinrich, Locus Robotics, Magment, NAiSE, Noyes Technologies, robominds, SICK, SSI SCHÄFER, STILL, stow robotics and SYNAOS.

These and numerous other companies took the opportunity to present their total of 51 innovations to potential customers at the TEST CAMP INTRALOGISTICS from March 21 to 23. The B2B visitors – most of them in management positions in logistics, industry and trade – travelled to the Ruhr metropolis for hands-on testing as well as intensive networking discussions without the hustle and bustle of the trade fair in the more than 10,000 square metre hall of IFOY partner Messe Dortmund. From forklift trucks and warehouse technology equipment to AGVs (Automated Guided Vehicles), software, specials and robotic solutions, numerous devices and solutions were available in the test arena.

The talks revolved primarily around the topics of innovation and sustainability. The IFOY organisation also made sustainability a principle and took a number of measures to effectively conserve resources. The focus was on reusability and recycling, the use of regenerative energies and, above all, the fundamental renunciation of equipment that was not absolutely necessary. The declared aim was to launch a new, sustainable event format in logistics.

The congress programme celebrated its premiere this year with prominent panel discussions on the trend topics of innovation management, Intralogistics 4.0 and VDA 5050. The keynote on the opening day was given by the internationally renowned logistics researcher Prof. Dr. Dr. h.c. Michael ten Hompel (Fraunhofer IML) on the topic of “How innovations change logistics”.

From March 18 to 23, the nominees in the 10th round of the competition were critically analysed by an official tester, a team of researchers and the international IFOY jury. On Tuesday, representatives of the total of 12 manufacturers received the “Best in Intralogistics” certificates from the hands of Steffen Bersch, the new Chairman of the Board of the VDMA Materials Handling and Intralogistics Association.

The IFOY audit for the nominees again consisted of three parts again this year. First, all the trucks underwent the IFOY test conducted by Dutch intralogistics expert Theo Egberts. In this process, the finalists in each category are not compared with each other, but with the relevant equipment in the competition. The industrial trucks underwent standardised driving and functional tests, including the IFOY test protocol comprising more than 80 criteria, which takes into account factors such as sustainability, cost-effectiveness, safety and ergonomics of the nominees.

In the second part of the audit, researchers conducted the IFOY Innovation Check. Scientists from the Dortmund Fraunhofer Institute for Material Flow and Logistics (IML), the Chair of Technical Logistics at the University of Dresden, the Chair of Materials Handling Material Flow Logistics at the Technical University of Munich and the Stuttgart Fraunhofer Institute for Manufacturing Engineering and Automation IPA assessed the nominees in terms of market relevance, customer benefits, type of design and degree of innovation. The audit was concluded by the assessment of the 25 jurors and their approved advisors. The jury members – trade journalists from all continents, with the UK represented by Logistics Business News Editor Peter MacLeod –  were handed all the results of the IFOY test as well as the IFOY Innovation Check for the voting.

The TEST CAMP INTRALOGISTICS also included a revival of the AGV Mesh-Up initiated by the VDMA Materials Handling and Intralogistics Association and its member companies. Following the world premiere of the first live test of the VDA 5050 communication interface in the previous year, the 2022 test scenario was relaunched and once again gave B2B visitors the opportunity to observe the functions of Automated Guided Vehicles (AGVs) for themselves and to exchange ideas with developers and scientists. This year, not only some new manufacturers participated in the AGV Mesh-Up, but also extended functionalities of the communication interface were presented. Participants in the AGV Mesh-Up were the companies DS AUTOMOTION, ek robotics, Fraunhofer IML, incubed IT, Omron Electronics, SAFELOG, Siemens and SYNAOS.

Neither the participants of the TEST CAMP INTRALOGISTICS nor the nominees will be told who has won an IFOY AWARD during the IFOY TEST DAYS. They will have to wait until the IFOY AWARD Night on June 30, 2022, which will take place this year in Munich.

 

Hines sells “mission-critical” Royal Mail warehouse

Global real estate firm Hines has announced the sale of the Royal Mail sorting warehouse in Edinburgh. The industrial building was acquired in 2019 by a fund sponsored by Hines and has been sold to ICG Real Estate for an undisclosed price.

The 215,745 sq ft mission-critical facility is located in Edinburgh’s Sighthill Industrial Estate adjacent to Hermiston Gait Retail Park. Approximately 700 staff are based at the facility with over 900,000 letters and 45,000 parcels handled there daily.

“Logistics remains a hugely important sector for Hines in the UK and Royal Mail’s sorting warehouse is a great example that we are not afraid to consider tactical sales while looking to redeploy capital into more accretive opportunities,” said Greg Cooper, Managing Director at Hines.

Chad Brown, Managing Director at ICG Real Estate commented: “We’re pleased to have acquired this well located and highly mission-critical asset. The investment underlines our ongoing belief in the logistics market’s robust occupational tailwinds with the firm eager to deploy further capital in the sector across Europe.”

ICG was advised by Knight Frank and Marchmont Investment Management.

 

Hines sells “mission-critical” Royal Mail warehouse

Global real estate firm Hines has announced the sale of the Royal Mail sorting warehouse in Edinburgh. The industrial building was acquired in 2019 by a fund sponsored by Hines and has been sold to ICG Real Estate for an undisclosed price.

The 215,745 sq ft mission-critical facility is located in Edinburgh’s Sighthill Industrial Estate adjacent to Hermiston Gait Retail Park. Approximately 700 staff are based at the facility with over 900,000 letters and 45,000 parcels handled there daily.

“Logistics remains a hugely important sector for Hines in the UK and Royal Mail’s sorting warehouse is a great example that we are not afraid to consider tactical sales while looking to redeploy capital into more accretive opportunities,” said Greg Cooper, Managing Director at Hines.

Chad Brown, Managing Director at ICG Real Estate commented: “We’re pleased to have acquired this well located and highly mission-critical asset. The investment underlines our ongoing belief in the logistics market’s robust occupational tailwinds with the firm eager to deploy further capital in the sector across Europe.”

ICG was advised by Knight Frank and Marchmont Investment Management.

 

Transaid launches Hadrian’s Cycleway Challenge

International development organisation Transaid is calling on cyclists from across the transport and logistics industry to saddle up for Hadrian’s Cycleway this Autumn, as it prepares for a team of up to 40 riders to tackle the 157-mile route across a stunning World Heritage Site.

The group will depart Whitehaven on 16 September and pedal to South Shields over two full days of cycling, with funds raised being used to support Transaid’s life-saving work in sub-Saharan Africa, where it is focused on improving road safety and increasing access to healthcare for rural communities.

Launching this latest UK challenge, Florence Bearman, Transaid’s Head of Fundraising, says: “Hadrian’s Cycleway is set to be one of the most stunning rides we’ve ever undertaken in the UK, with a chance to see the famous wall itself, along with Roman forts, museums, quaint villages and stunning market towns.

“As is customary with our challenges, it will also be a great opportunity to network with colleagues from across the industry, both during the ride and in a series of team meals – culminating in a celebratory dinner on the third and final night.”

The route comprises a mixture of on-road and traffic-free sections, running primarily on country lanes and quiet roads, interspersed with sections of traffic-free path, promenade and riverside path. As most of the route is either on minor roads or well surfaced off-road tracks most bikes are suitable, although full slick or racing bike tyres are best avoided.

Bearman adds: “If you’ve always wanted to take on a coast-to-coast challenge, this ride should be perfect. It’s suitable for cyclists of all abilities, provided you are reasonably saddle fit and have completed some basic training.”

The coastal sections at either end of the route are relatively flat, and there are only a few steep, short hills in the central section. Riders will climb approximately 300m over 65 miles of cycling on the first day in the saddle, and 900m over 85 miles on the second day’s riding.

Transaid is welcoming entries from individuals and teams, with demand expected to be high. There is a registration fee of £99 with participants asked to raise a minimum sponsorship of £1,400 to take part.

The package includes three nights’ accommodation with meals, refreshment stops on riding days, luggage transfer and access to support vehicles along the route.

For more information about the challenge, and to sign up, please contact Florence Bearman on +44 (0)7875 284 211, or email florence@transaid.org.

Last September, a team of 30 riders completed the 170-mile ‘Way of the Roses’ challenge with Transaid, cycling from Morecambe to Bridlington, raising more than £45,000 in the process.

 

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