Warehouse developers eye multimodal hubs

Multimodal hubs are growing in importance as warehousing locations. That was one of the key conclusions of a seminar entitled 'Logistics warehouses in Europe: the next challenges' held at the Mipim property fair in Cannes yesterday. At present, most goods are transported by truck, but the costs of road transport are rising due to spiralling wage costs and taxes. Alternative modes of transport such as rail and waterways are becoming increasingly attractive, the panel participants said, citing also more stringent environmental regulations.

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