Sales of compressed and liquefied natural gas (CNG/LNG) have hit record highs, with volumes more than doubling between Q4 2019 and the first quarter of this year, according to Gasrec. The fuel provider said the growth follows an influx of new trucks into the market running on the alternative fuels, with registrations of gas-powered 44-tonners playing a large part in boosting figures. Gasrec said demand in March exceeded the previous peak in September 2014 when Euro-5 dual fuel technology was […]
NFT has revealed more details in regards its plan to venture south and open a substantial new facility, in its bid to take a larger slice of the UK’s £38bn imported food market.
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 […]
Yodel said it was on course to become profitable in the year ending June 2021 – a first in its 10-year history.