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ProLogis’ plans to build a 671,251.84 sq ft warehouse on its 42 acre New Greenham Park in Newbury have been vetoed by the council.

The developer of Bronze Age Park, a 600,000 sq ft plus warehouse scheme in Belvedere, Erith, Kent, which was to be speculatively built, has sold it to another for around twice what it paid to secure the site in 2004.

The Transport Exchange group, which offers online trading platforms Courier Exchange and Haulage Exchange, says it has gained more than 280 members since the beginning of 2007.