UK commercial vehicle (CV) production fell by 61.6% in May, with just 810 vehicles built as many plants remained shuttered amid the Covid-19 lockdown. According to the latest figures released today by the Society of Motor Manufacturers and Traders (SMMT), year-to-date commercial vehicle output fell by 29.8% compared with the first five months of 2019. As some production resumed, 43.3% of commercial vehicles built were for export in May, with more than two thirds (68.7%) exported to the EU, following […]
Ferguson Transport said a fall in revenue from handling goods in its warehouse division last year was more than compensated by additional storage charges and increased demand for capacity.
A 20% increase in storage demand has prompted Meachers Global Logistics to lease a new warehouse in Southampton.
DHL Supply Chain subsidiary Tradeteam is bracing itself for further job cuts and losses of up to £7m as a result of the impact of the Covid-19 pandemic on the hospitality sector.