TNT Express is to spend €185m (£145m) improving its European road network during the next four years as part of its strategy to move more by road. The parcel carrier, which last month warned that it is not likely to hit its 2015 profit target, plans to refresh its trailer fleet, and has already put 100 new trailers into operation as part of this, a spokesman confirmed. The investment also includes an upgrade of its scanning and sorting equipment at […]
TNT Express has spent £12m on 300 Euro-5 mid-range trucks as part of its fleet renewal programme.
Pressure is mounting on the DfT and Treasury to ringfence the money raised by the HGV Road User Levy for the benefit of the road transport sector. The levy, which could begin in April 2014 if approved by Parliament, and will see operations pay a daily charge of up to a £10 or a maximum of £1,000 a year per truck to use of UK roads, is expected to raise net revenues of £20m. Almost all of this will be […]