New research suggests operators’ expectations of growth this year could be hamstrung by a lack of innovation within the road transport sector.The latest UK Logistics Confidence Index, conducted by Analytiqa, for Barclays and Grant Thornton reveals that more than half of respondents (53%) expect profits to increase in the next six months. Rob Riddleston, head of transport and logistics at Barclays Commercial Bank, said this optimism about profitability could have more to do with firms deciding to turn down unprofitable […]
TNT Express has unveiled a two-year plan to target higher margin business, which includes palletised freight and larger, heavier parcels, and improve its profitability.
RHA director of policy Jack Semple has called on haulage customers to take more responsibility for ensuring the rates they pay are commercially sustainable. Responding to recent comments by Matthew Kibble Transport in sister publication Commercial Motor (20 September) about backhaul being offered rates as low as £1.10 a mile, Semple said: “We urge customers to pay a sustainable haulage rate – and £1.10 a mile is not a sustainable haulage rate.” RHA members cannot see how it is possible […]