A mandatory 20% cut to CO2 emissions for new trucks by 2025 is “excessively aggressive” and will slow the production process in Europe, manufacturers have warned. The warning from the European Automobile Manufacturers’ Association (ACEA) follows a vote by the full European Parliament last week in favor of a mandatory 20% cut in CO2 emissions in new trucks by 2025 and a voluntary 35% by 2030. MEPs voted 373 to 285 for the measures, which go beyond the original targets […]
UPS has pulled out of its €5.16bn offer for TNT Express – in a deal that would have created a business with a combined annual turnover of £1.3bn in the UK – blaming European Commission (EC) concerns with the acquisition. The proposed merger is expected to be prohibited by the EC, the parcel giants warned in joint statements this morning (14 January). TNT said UPS sees “no realistic prospect” that it will receive EC clearance and will formally terminate the […]
The decision to ban all but Euro-6 trucks from working on the HS2 rail project is “virtue signalling”, the RHA said this week
Scania, Nestlé, UPS and Route Monkey have signed up to a new international partnership focused on tackling road freight emissions.