A very quiet week on the Stock Exchange for transport-related shares – ahead of City Link’s numbers tomorrow (15 March). All eyes will be on Rentokil’s parcels arm to see if it posts a full-year profit. But it hasn’t stopped a rather telling trend in the past week… Meanwhile, in keeping with the spirit of the FTSE hitting a five-year peak this week, our basket of transport shares continues to rise accordingly. At the end of January our basket of […]
Supply chain collaboration could save around £2bn a year on fuel costs, a panel of logistics industry leaders revealed at last week’s International Festival of Business in Liverpool.
Stobart Group has sold its automotive after-sales division, Stobart Vehicle Services, to Paragon Group for an undisclosed sum. The division, which was part of Autologic prior to its purchase by Stobart in August 2012, provides car manufacturers and dealerships with services ranging from new car preparation to customisation. As part of the deal Paragon will take on former Autologic sites in Corby, Portbury, Doncaster and five manufacturer locations and said it would be “welcoming 500 new staff”. The division will […]
Producing a 15.65m longer semi-trailer that complies with manoeuvrability rules is one thing; building one that is a genuinely practical, real-world proposition is a different matter. So says Professor David Cebon, professor of mechanical engineering at the University of Cambridge and director of Cambridge Vehicle Dynamics Consortium (CVDC), a collaboration between the university and industry.