Eurotunnel’s freight traffic volumes remained almost static in the Q3 2015, despite a summer of troubles in the port of Calais and further reports of “desperate” migrant activity in past days. The group’s results for the period 1 July to 30 September saw a 1% fall in truck traffic volumes on the same period for last year, from 353,469 to 349,849 crossings during the three months. Eurotunnel spokesman John Keefe said that while the migrant activity and ferry strikes caused […]
Hicks Logistics has moved into warehousing after the acquisition of a 20,000ft² industrial unit next to its Caldicot base on the Severn Bridge Industrial Estate. The company hopes the diversification will boost its annual turnover from £7.5m to around the £10m mark, and has taken on ten more staff taking its team to 80.
Competition for HGV drivers is pushing wages up and heaping pressure on operators, warns Meachers Global
Rising driver wages look set to exacerbate the current squeeze in labour supply, Meachers Global Logistics MD Stuart Terris has warned. Commenting on the financial performance of the firm in the year to 31 May – which notched up a 25% increase in turnover with a 67% rise in pre-tax profit – Terris pointed to the ongoing driver shortage and fuel price volatility as the two main operational headwinds facing the company. On the former, he said: “We’re on top […]
The government’s £25bn Roads Programme is facing delays while the DfT reappraises the strategy in the light of the recent Court of Appeal ruling on plans to expand Heathrow.