The UK MD of Gefco has said that the 3PL will be more profitable in the future, as it has made moves to strengthen its offering both inside, and outside, of the automotive logistics market. Speaking to Motortransport.co.uk at Multimodal, Tristan Balayn admitted the company’s profitability “was not great” following the economic downturn, but said it’s back on track and ready to take on new challenges. He said: “We know where we are going now. We are confident about our […]
Platoons of autonomous HGVs may never feature in the UK because the road network is not up to the job, according to the RHA.
The RHA and FTA have attacked the Migration Advisory Committee’s call to favour high-skilled migrants after Brexit, warning it would amplify the skills shortage the logistics sector already faces.
JSC Russian Railways (RZD), is in talks to buy 75% of Gefco, the logistics arm of cash-strapped car maker PSA Peugeot Citroën for €800m (£640m). PSA Peugeot Citroën said the proposed deal should speed Gefco’s growth by creating a business with enhanced reach in logistics services linking Europe and Asia. The existing management team, led by its president Luc Nadal, will not change, it added. Vitaly Belskiy, from consultancy Frost & Sullivan, said: “The deal is a clear ‘win-win’ for […]