A competition offering £10m of funding to firms that can develop ways to move freight and people more efficiently is attracting strong interest. The competition, dubbed “Enhancing the end-to-end journey”, was launched by government agency Innovate UK in August this year. It aims to cut traffic congestion by making journeys and freight delivery more efficient. Innovate UK predicts traffic congestion will cost the UK economy £300bn over the next 16 years. Industry interest has been so strong that Innovate UK […]
Ofcom is concerned that Royal Mail could potentially cross-subsidise its parcels operation through its letters business, as its market share and delivery network is much more established in the latter.
As many as 2,000 Whistl employees in the UK are facing the threat of redundancy, after the company took the decision to suspend its final mile delivery service.
Companies have been invited to bid for up to £15m in funding to develop low emission technology for road freight vehicles.