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Month: January 2024

The Freight Crime Supply Chain

Posted on by Keith McKinley

Surprisingly, this shadow supply chain uses all of the same components as the legitimate one, from route planning to warehousing, with stolen goods marketed and sold using legitimate platforms to unsuspecting buyers. Freight insurance provider TT Club is promoting awareness of this supply chain ‘Black hole’.

Much freight crime is perpetrated by organised crime with profit, similar to commercial businesses as the ultimate aim. The process of storage, transport, distribution and marketing of stolen goods often shadow those of legitimate supply chains with criminals acquiring sophisticated logistics skills. Their knowledge assists them in targeting shipments at a multitude of points; from truck hijackings to pilfering items from unsecured warehouses. Needless to say such theft not only results in significant financial losses but also disrupts the flow of goods, leading to delayed deliveries and dissatisfied customers.

“At TT we are striving to highlight the responsibility that landlords in particular have to properly vet tenants of storage facilities and how they can prevent their properties being used to warehouse stolen goods” says Josh Finch.

“In a recent operation, police in the UK discovered a warehouse, at a location in Bradford that held hundreds of pallets of stolen goods. With the assistance of the National Vehicle Crime Intelligence Service (NaVCIS) the goods found were linked to known cargo theft incidents which spanned the previous six years and amounted to several million pounds in value,” continues Finch.
“The warehouse itself was an unassuming commercial unit, which blended seamlessly with other legitimate businesses and exemplifies the duty landlords have to ensure that the sites they own and lease are not being used by their tenants for illegal purposes.”

TT Club is endeavouring to pinpoint the warning signs, and the nature of due diligence that is essential in preventing such properties from being exploited by criminals. Such measures include:

• Background checks to scrutinize the business operations, financial stability, and track record of potential tenants
• Inspection of premises regularly to ensure they are being used for legitimate purposes
• Monitoring tenant activity, employing modern monitoring technologies, such as security cameras and access control systems
• Collaborating with law enforcement at a local level to share information and report any suspicious activity promptly
• Review lease agreements to include clauses specifying the permissible uses of the property and outline the consequences for illegal activities
• Engagement of professional services such as security experts with experience in identifying and preventing criminal activities

Increasing evidence from law enforcement agencies is confirming that a shadow supply chain operates alongside the legitimate transport of goods, using all of the same components from route planning to warehousing, with stolen goods marketed and sold using legitimate platforms to unsuspecting buyers.

“As TT helps operators to navigate the complex world of cargo theft and freight crime, it becomes increasingly clear that shedding light on this black hole requires a collective effort from all stakeholders in the supply chain, from law enforcement agencies to warehouse landlords. Only through such collaboration can we hope to mitigate this ongoing threat and safeguard the integrity of the supply chain,” concludes Finch.

The Freight Crime Supply Chain

Posted on by David Priestman

Surprisingly, this shadow supply chain uses all of the same components as the legitimate one, from route planning to warehousing, with stolen goods marketed and sold using legitimate platforms to unsuspecting buyers. Freight insurance provider TT Club is promoting awareness of this supply chain ‘Black hole’.

Much freight crime is perpetrated by organised crime with profit, similar to commercial businesses as the ultimate aim. The process of storage, transport, distribution and marketing of stolen goods often shadow those of legitimate supply chains with criminals acquiring sophisticated logistics skills. Their knowledge assists them in targeting shipments at a multitude of points; from truck hijackings to pilfering items from unsecured warehouses. Needless to say such theft not only results in significant financial losses but also disrupts the flow of goods, leading to delayed deliveries and dissatisfied customers.

“At TT we are striving to highlight the responsibility that landlords in particular have to properly vet tenants of storage facilities and how they can prevent their properties being used to warehouse stolen goods” says Josh Finch.

“In a recent operation, police in the UK discovered a warehouse, at a location in Bradford that held hundreds of pallets of stolen goods. With the assistance of the National Vehicle Crime Intelligence Service (NaVCIS) the goods found were linked to known cargo theft incidents which spanned the previous six years and amounted to several million pounds in value,” continues Finch.
“The warehouse itself was an unassuming commercial unit, which blended seamlessly with other legitimate businesses and exemplifies the duty landlords have to ensure that the sites they own and lease are not being used by their tenants for illegal purposes.”

TT Club is endeavouring to pinpoint the warning signs, and the nature of due diligence that is essential in preventing such properties from being exploited by criminals. Such measures include:

• Background checks to scrutinize the business operations, financial stability, and track record of potential tenants
• Inspection of premises regularly to ensure they are being used for legitimate purposes
• Monitoring tenant activity, employing modern monitoring technologies, such as security cameras and access control systems
• Collaborating with law enforcement at a local level to share information and report any suspicious activity promptly
• Review lease agreements to include clauses specifying the permissible uses of the property and outline the consequences for illegal activities
• Engagement of professional services such as security experts with experience in identifying and preventing criminal activities

Increasing evidence from law enforcement agencies is confirming that a shadow supply chain operates alongside the legitimate transport of goods, using all of the same components from route planning to warehousing, with stolen goods marketed and sold using legitimate platforms to unsuspecting buyers.

“As TT helps operators to navigate the complex world of cargo theft and freight crime, it becomes increasingly clear that shedding light on this black hole requires a collective effort from all stakeholders in the supply chain, from law enforcement agencies to warehouse landlords. Only through such collaboration can we hope to mitigate this ongoing threat and safeguard the integrity of the supply chain,” concludes Finch.

Weserport Rail Loading Facility

Posted on by Keith McKinley

For more than 25 years, Rhenus Weserport Bremen has stood for expert and professional transshipment of various goods and materials. As a member of the Rhenus Group, the port agency has previously focused on transferring cargo from seagoing vessels onto trucks and inland waterway vessels.

But for its recently forged partnership with Nabaltec AG, Rhenus Weserport is now substantially extending its existing railway line. The rail loading facility in Germany’s southernmost seaport will be used for the shipment of imported aluminum hydroxide and aluminum oxide.

Nabaltec AG supplies growing markets all over the world with eco-friendly flame retardant fillers and specialty alumina. Due to high energy costs, and given the trend towards de-industrialization, which is expected in Germany as a result, the company is looking to expand its ability to purchase aluminum hydroxide and aluminum oxide, two materials which are of vital importance for its product portfolio, from smelters in Europe, in Brazil and – depending on cost and quality – all over the world.

The materials are shipped to Germany by sea, as German ports offer cost advantages for Nabaltec over Dutch and Belgian ports and storage of the materials in Bremen ensures a reliable supply.
“The decision to route the aluminum hydroxide and aluminum oxide through Rhenus Weserport was made because of its existing railway line, which is perfectly suited for a project-based extension. Other crucial factors included the direct link to oceangoing traffic and the existing loading and storage facilities. The materials are shipped by rail from Bremen right to us in Bavaria. We expect to see cost benefits due to the extension of our supplier portfolio, which will allow us to continue offering our products on a competitive basis,” explains Johannes Heckmann, the CEO of Nabaltec AG.
Aluminum hydroxide is a flame retardant and a key component in plastic cables and other metallic conductors. Aluminum oxide is used in the production of technical ceramics and in the refractory and polishing industries.

Rhenus Weserport has already started shipping goods for Nabaltec. By extending its facilities for the shipment of cargo by rail, the port services provider is positioning itself for the future: “This new area of business is an important development for us. Our first rail loading facility will allow us to unlock new markets and potential relationships,” explains Rudolf Egbert, Managing Director of Rhenus Weserport. “This creates new opportunities for us, particularly in a time when Germany is de-industrializing.”

Until the new fully automated rail loading system in Terminal 4 is completed, Nabaltec is temporarily using Terminal 2, in Bremen’s industrial harbor, for the shipment of aluminum hydroxide. The licensing procedure for the alterations to Terminal 4, as well as the construction process, are fully underway. The new system is scheduled to go into operation at the end of 2024. With the extensions to the terminal and the automated rail loading system, Nabaltec will be able to meet its target of shipping 70,000 to 140,000 tons of aluminum hydroxide and aluminum oxide per year.
The contractual agreement between Rhenus Weserport and Nabaltec has been concluded for a term of 10 years, with an option to extend the term of the agreement.

Weserport Rail Loading Facility

Posted on by David Priestman

For more than 25 years, Rhenus Weserport Bremen has stood for expert and professional transshipment of various goods and materials. As a member of the Rhenus Group, the port agency has previously focused on transferring cargo from seagoing vessels onto trucks and inland waterway vessels.

But for its recently forged partnership with Nabaltec AG, Rhenus Weserport is now substantially extending its existing railway line. The rail loading facility in Germany’s southernmost seaport will be used for the shipment of imported aluminum hydroxide and aluminum oxide.

Nabaltec AG supplies growing markets all over the world with eco-friendly flame retardant fillers and specialty alumina. Due to high energy costs, and given the trend towards de-industrialization, which is expected in Germany as a result, the company is looking to expand its ability to purchase aluminum hydroxide and aluminum oxide, two materials which are of vital importance for its product portfolio, from smelters in Europe, in Brazil and – depending on cost and quality – all over the world.

The materials are shipped to Germany by sea, as German ports offer cost advantages for Nabaltec over Dutch and Belgian ports and storage of the materials in Bremen ensures a reliable supply.
“The decision to route the aluminum hydroxide and aluminum oxide through Rhenus Weserport was made because of its existing railway line, which is perfectly suited for a project-based extension. Other crucial factors included the direct link to oceangoing traffic and the existing loading and storage facilities. The materials are shipped by rail from Bremen right to us in Bavaria. We expect to see cost benefits due to the extension of our supplier portfolio, which will allow us to continue offering our products on a competitive basis,” explains Johannes Heckmann, the CEO of Nabaltec AG.
Aluminum hydroxide is a flame retardant and a key component in plastic cables and other metallic conductors. Aluminum oxide is used in the production of technical ceramics and in the refractory and polishing industries.

Rhenus Weserport has already started shipping goods for Nabaltec. By extending its facilities for the shipment of cargo by rail, the port services provider is positioning itself for the future: “This new area of business is an important development for us. Our first rail loading facility will allow us to unlock new markets and potential relationships,” explains Rudolf Egbert, Managing Director of Rhenus Weserport. “This creates new opportunities for us, particularly in a time when Germany is de-industrializing.”

Until the new fully automated rail loading system in Terminal 4 is completed, Nabaltec is temporarily using Terminal 2, in Bremen’s industrial harbor, for the shipment of aluminum hydroxide. The licensing procedure for the alterations to Terminal 4, as well as the construction process, are fully underway. The new system is scheduled to go into operation at the end of 2024. With the extensions to the terminal and the automated rail loading system, Nabaltec will be able to meet its target of shipping 70,000 to 140,000 tons of aluminum hydroxide and aluminum oxide per year.
The contractual agreement between Rhenus Weserport and Nabaltec has been concluded for a term of 10 years, with an option to extend the term of the agreement.

New Patent for Warehouse Storage Optimization

Posted on by David Priestman

Fabric, a technology company for retail fulfillment, today announced it has secured a new patent for its innovative multi-tote size automated storage and retrieval system (ASRS). This first-of-its-kind technology enables the storage of multiple varying tote sizes within the same shelving unit, optimizing warehouse efficiency.

Fabric’s ASRS is the only automated warehouse system capable of handling multiple tote sizes in one shelving unit. This flexibility allows companies to optimize their use of space, especially in micro-fulfillment centers (MFCs) in smaller local areas or within the confines of their retail stores. By storing large and small products in the same location, businesses can accommodate a broader range of SKUs, avoid wasted capacity and minimize their storage footprint.

“The growth in e-commerce is fueling pressure on retailers to expand inventory selection while keeping logistics costs low,” said Ori Avraham, Fabric’s VP Product and co-founder. “Fabric is the only automated fulfillment solution offering the technology that accommodates different tote dimensions in a single storage system so businesses can maximize inventory density, reduce operational expenses and scale to meet growing demand.”

A key element in warehouse management is the ability to utilize vertical space effectively, maximizing storage capacity. In an automated system, each tote can hold either one SKU or a few, but each SKU must be stored in a separate bin within a tote to ensure precise tracking of product locations and quantities.

When dealing with diverse SKU sizes ranging from large toilet paper to small mascara, being limited to a single tote size results in wasted storage space, effectively holding nothing but air. With the ability to use different tote sizes, which can be stored freely in multiple locations, the multi tote size ASRS opens a huge opportunity for ‘smart stock management’ algorithms and ultimately denser storage. This allows companies to streamline their operations, stock a wider range of products and adapt to changing customer demands without costly and space-consuming modifications.

Fabric‘s latest patent builds upon the company’s previous patent portfolio of unique topology and robotic technologies that equip retailers with tools to stay ahead in the rapidly evolving e-commerce market. The new multi-tote size ASRS is available to customers today.

Earlier this year, Fabric also announced a collaboration with Maersk, which now uses a 38,000-square-foot automated fulfillment center in Dallas powered by Fabric’s advanced robotic and software technology.

Combating Illicit Cargo

Posted on by David Priestman

The global maritime and transportation industries have long played a vital role in facilitating the movement of goods and people across borders, writes Captain Steve Bomgardner, VP Commercial Markets, Pole Star Global. However, these industries are vulnerable to exploitation by illicit actors who seek to transport contraband goods, evade sanctions, and launder money.

In a recent announcement, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) highlighted the growing threat posed by illicit cargo shipments and called for heightened vigilance from all stakeholders in the maritime and transportation sectors.

Despite the new era of sanctions compliance challenges that such Deceptive Shipping Practices (DSP)s have created, it is possible to comprehend, detect and mitigate these practices using maritime intelligence services. The key points follow below:

• Deceptive Shipping Practices: Malignant actors utilise deceptive shipping practices to conceal illicit cargo by manipulating location data, tampering with vessel tracking systems, falsifying documentation, and using false identities. Another common method involves counterfeiting cargo and vessel documents to disguise the true nature of shipments. Ship-to-ship transfers at sea are employed to complicate tracking. Additionally, malicious entities use complex ownership or management structures to obscure their control of vessels or companies, making it challenging to identify the true beneficiaries of illicit shipments. What types of DSP’s are there? How can this issue be addressed?

• OFAC’s Advice/Measures for Compliance: The maritime and transportation industries face significant risks from deceptive practices, leading to legitimate cargo diversion, illicit goods proliferation, and eroded trust in the global supply chain. To address these risks, the Office of Foreign Assets Control (OFAC) highlights five key measures for robust compliance. These include establishing effective sanctions and export control programmes, implementing location monitoring best practices, conducting thorough “Know Your Customer” (KYC) investigations, exercising supply chain due diligence, and sharing information with law enforcement. These measures involve comprehensive policies, location history monitoring, rigorous background checks, supply chain risk evaluation, and prompt reporting of suspicious activities to authorities.

• The Power of Maritime Intelligence: Effectively countering deceptive shipping practices and aligning with the five key measures outlined by OFAC presents inherent challenges. However, access to advanced maritime intelligence technology and risk intelligence can empower the maritime and transportation industries to address these complexities. This technology provides a global supply chain overview, enabling proactive identification of red flags. What are the red flags? What other advanced features does maritime intelligence have to combat this issue?

How to Overcome Supply Chain Crises

Posted on by David Priestman

Supply chain crises are becoming more frequent in today’s fast-paced business landscape, posing challenges for global firms that demand proactive and strategic solutions. The ever-evolving global economy, coupled with unforeseen events such as natural disasters, geopolitical tensions, and pandemics, presents the need for businesses to strengthen their supply chains.
This guide aims to provide insightful strategies and practical tips for businesses to weather the storms of supply chain disruption and emerge stronger and more resilient in the face of global
trade and uncertainty.

Key Takeaways
● Supply chain crises arise from a combination of factors, such as increased demand, labour shortages, and logistical challenges. Recognizing these issues highlights the importance of resilience and adaptable strategies.
● Resilience, technology adoption, and ongoing improvement are critical for long-term success in the dynamic global business landscape.

What caused the supply chain crisis?

The supply chain crisis resulted from a convergence of factors, including increased consumer demand, labour shortages, and logistical challenges. These elements created a complex web of
disruptions, beyond production capacity, exposing vulnerabilities and emphasizing the need for supply chain resilience and adaptable strategies.

How to fix the supply chain disruptions?

Addressing the complexities of supply chain disruptions requires a strategic and proactive approach. Let’s delve into five essential ways to fix this issue and ensure seamless operations in the global supply chains.

Diversify Supply Chains

Diversifying supply chains involves strategically expanding sourcing and production options to reduce vulnerability to disruptions.
● Identify critical suppliers and explore alternatives in different geographic regions.
● Establish transparent communication channels with current and potential suppliers,
fostering collaborative relationships.
● Assess and prioritize risks, considering geopolitical stability, transportation logistics, and regulatory environments.

Implement Technology Solutions

The global supply chain can be more resilient and efficient using technology solutions like blockchain and artificial intelligence. Begin by assessing specific needs and selecting technologies that align with business goals. Integrate robust data analytics for real-time insights and predictive capabilities. Keep an eye out for new technologies to remain ahead of the curve and promote competitiveness and agility in the supply chain ecosystem.

Building resilience amidst the global supply chain crisis needs a multifaceted strategy. Start by identifying weaknesses through comprehensive risk assessment. To lessen any interruptions to
critical goods, create safety stock and backup procedures. Additionally, review and improve resilience plans regularly to guarantee ongoing development and readiness for unforeseen difficulties and future shocks.

Collaborate with Partners

Effective collaboration with partners in the supply chain involves open communication and mutual trust. Create clear channels for information exchange to promote responsiveness and
transparency. Align goals and expectations through collaborative planning sessions. Share data and insights to enhance collective decision-making. Invest in technologies that facilitate seamless collaboration and real-time visibility. Regularly engage in feedback loops to resolve issues promptly. Build strong relationships by recognizing and rewarding successful collaborations, promoting a culture of shared responsibility and continuous improvement within the companies and the supply chain network.

Invest in Talent and Training

For supply chain management to have a resilient workforce for future disruptions, talent and training investments are essential. Identify key skills required for current and future challenges.
Develop tailored training programs encompassing technologies, crisis management, and adaptability skills. Encourage a collaborative and knowledge-sharing atmosphere by promoting open communication, shared goals, and mutual support. In addition, it is essential to provide opportunities for cross-functional training to enhance versatility. To sum up, regularly assess training effectiveness and adjust programs to align with evolving industry demands, ensuring a skilled and agile workforce capable of both global production and navigating supply chain complexities.

Final Thoughts

In conclusion, a proactive approach is a must to improve supply chain resilience. By implementing these strategies, businesses can navigate new challenges and other supply chain issues with agility, ensuring stability and adaptability. In an ever-changing global landscape, commitment to innovation, collaboration, and ongoing improvement will be the cornerstone of supply chain success.

How to Overcome Supply Chain Crises

Posted on by Keith McKinley

Supply chain crises are becoming more frequent in today’s fast-paced business landscape, posing challenges for global firms that demand proactive and strategic solutions. The ever-evolving global economy, coupled with unforeseen events such as natural disasters, geopolitical tensions, and pandemics, presents the need for businesses to strengthen their supply chains.
This guide aims to provide insightful strategies and practical tips for businesses to weather the storms of supply chain disruption and emerge stronger and more resilient in the face of global
trade and uncertainty.

Key Takeaways
● Supply chain crises arise from a combination of factors, such as increased demand, labour shortages, and logistical challenges. Recognizing these issues highlights the importance of resilience and adaptable strategies.
● Resilience, technology adoption, and ongoing improvement are critical for long-term success in the dynamic global business landscape.

What caused the supply chain crisis?

The supply chain crisis resulted from a convergence of factors, including increased consumer demand, labour shortages, and logistical challenges. These elements created a complex web of
disruptions, beyond production capacity, exposing vulnerabilities and emphasizing the need for supply chain resilience and adaptable strategies.

How to fix the supply chain disruptions?

Addressing the complexities of supply chain disruptions requires a strategic and proactive approach. Let’s delve into five essential ways to fix this issue and ensure seamless operations in the global supply chains.

Diversify Supply Chains

Diversifying supply chains involves strategically expanding sourcing and production options to reduce vulnerability to disruptions.
● Identify critical suppliers and explore alternatives in different geographic regions.
● Establish transparent communication channels with current and potential suppliers,
fostering collaborative relationships.
● Assess and prioritize risks, considering geopolitical stability, transportation logistics, and regulatory environments.

Implement Technology Solutions

The global supply chain can be more resilient and efficient using technology solutions like blockchain and artificial intelligence. Begin by assessing specific needs and selecting technologies that align with business goals. Integrate robust data analytics for real-time insights and predictive capabilities. Keep an eye out for new technologies to remain ahead of the curve and promote competitiveness and agility in the supply chain ecosystem.

Building resilience amidst the global supply chain crisis needs a multifaceted strategy. Start by identifying weaknesses through comprehensive risk assessment. To lessen any interruptions to
critical goods, create safety stock and backup procedures. Additionally, review and improve resilience plans regularly to guarantee ongoing development and readiness for unforeseen difficulties and future shocks.

Collaborate with Partners

Effective collaboration with partners in the supply chain involves open communication and mutual trust. Create clear channels for information exchange to promote responsiveness and
transparency. Align goals and expectations through collaborative planning sessions. Share data and insights to enhance collective decision-making. Invest in technologies that facilitate seamless collaboration and real-time visibility. Regularly engage in feedback loops to resolve issues promptly. Build strong relationships by recognizing and rewarding successful collaborations, promoting a culture of shared responsibility and continuous improvement within the companies and the supply chain network.

Invest in Talent and Training

For supply chain management to have a resilient workforce for future disruptions, talent and training investments are essential. Identify key skills required for current and future challenges.
Develop tailored training programs encompassing technologies, crisis management, and adaptability skills. Encourage a collaborative and knowledge-sharing atmosphere by promoting open communication, shared goals, and mutual support. In addition, it is essential to provide opportunities for cross-functional training to enhance versatility. To sum up, regularly assess training effectiveness and adjust programs to align with evolving industry demands, ensuring a skilled and agile workforce capable of both global production and navigating supply chain complexities.

Final Thoughts

In conclusion, a proactive approach is a must to improve supply chain resilience. By implementing these strategies, businesses can navigate new challenges and other supply chain issues with agility, ensuring stability and adaptability. In an ever-changing global landscape, commitment to innovation, collaboration, and ongoing improvement will be the cornerstone of supply chain success.

St. Modwen Logistics Lets DC in Wales

Posted on by Keith McKinley

St. Modwen Logistics, one of the UK’s leading industrial and logistics developers and managers, has leased an additional 76,000 sq ft of logistics space at St. Modwen Park Newport, Gwent in Wales as an increasing number of businesses seek to capitalise on its strong location for distribution and manufacturing.

Solus, the Aviva-owned accident repair group, has leased a 24,000 sq ft unit to be used as a centre for paint repair work, whilst a separate 52,500 sq ft unit at the park has also been let to an unnamed ecommerce business.

The units, which form part of the c.345,000 sq ft of space delivered at St. Modwen Park Newport to date, have been built to St. Modwen’s ‘Swan Standard’ of sustainable development and incorporate various energy efficiency features including LED lighting and PV panels, achieving an EPC ‘A’ rating as a result. The scheme’s existing units also support customers on their own journeys to net zero by facilitating electric vehicle charging and providing occupiers with the necessary tools to limit their operational carbon emissions, including low-energy lighting.

St. Modwen Park Newport is strategically located just two miles from Junction 23A of the M4 motorway, providing excellent connectivity to South Wales and South West England. The Park’s location between major urban centres either side of the Severn Bridge, and the quality of space delivered at the scheme, is encouraging a diverse range of manufacturing and distribution businesses to choose Newport as their preferred location to facilitate their growth.

Solus joins a number of other high-profile occupiers at St. Modwen Park Newport including Amazon, Genpower, Mitel and Ureka Global.

Ben Quarrie, Development Director at St. Modwen Logistics, commented: “We are pleased to be welcoming Solus to St. Modwen Park Newport, with this deal adding to the growing number of businesses already operating at the park. We know how important access to the national transport infrastructure is for our customers and being placed at the gateway to South Wales makes Newport an ideal location for Solus and our community of businesses to thrive.

“There remains an acute undersupply of suitable logistics space in the region and we are continuing to explore opportunities to deliver even more space, including the possibility of a variety of bespoke, build-to-suit units upto 600,000 sq ft for interested companies.”

St. Modwen Logistics Lets DC in Wales

Posted on by David Priestman

St. Modwen Logistics, one of the UK’s leading industrial and logistics developers and managers, has leased an additional 76,000 sq ft of logistics space at St. Modwen Park Newport, Gwent in Wales as an increasing number of businesses seek to capitalise on its strong location for distribution and manufacturing.

Solus, the Aviva-owned accident repair group, has leased a 24,000 sq ft unit to be used as a centre for paint repair work, whilst a separate 52,500 sq ft unit at the park has also been let to an unnamed ecommerce business.

The units, which form part of the c.345,000 sq ft of space delivered at St. Modwen Park Newport to date, have been built to St. Modwen’s ‘Swan Standard’ of sustainable development and incorporate various energy efficiency features including LED lighting and PV panels, achieving an EPC ‘A’ rating as a result. The scheme’s existing units also support customers on their own journeys to net zero by facilitating electric vehicle charging and providing occupiers with the necessary tools to limit their operational carbon emissions, including low-energy lighting.

St. Modwen Park Newport is strategically located just two miles from Junction 23A of the M4 motorway, providing excellent connectivity to South Wales and South West England. The Park’s location between major urban centres either side of the Severn Bridge, and the quality of space delivered at the scheme, is encouraging a diverse range of manufacturing and distribution businesses to choose Newport as their preferred location to facilitate their growth.

Solus joins a number of other high-profile occupiers at St. Modwen Park Newport including Amazon, Genpower, Mitel and Ureka Global.

Ben Quarrie, Development Director at St. Modwen Logistics, commented: “We are pleased to be welcoming Solus to St. Modwen Park Newport, with this deal adding to the growing number of businesses already operating at the park. We know how important access to the national transport infrastructure is for our customers and being placed at the gateway to South Wales makes Newport an ideal location for Solus and our community of businesses to thrive.

“There remains an acute undersupply of suitable logistics space in the region and we are continuing to explore opportunities to deliver even more space, including the possibility of a variety of bespoke, build-to-suit units upto 600,000 sq ft for interested companies.”

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