Losses at the company which operates the M6 toll road continued to mount last year as the volume of traffic using the route fell. For the year ending 31 December 2019, Midland Expressway (MEL) reported a £10.4m pre-tax loss, compared with an £8.2m loss in the previous year. Revenue also reduced by 1.7% to £89.5m in the period. MEL said traffic along the 27-mile road fell by 7.7% to 16.8m vehicles and reflected an annual average daily traffic of 45,976. […]
The International Road Transport Union (IRU) is calling on governments and banks to help ease the impact of the Coronavirus pandemic on operators so they can continue to keep supplies moving.
The business and assets of Lima Logistics have been sold to John Dinham Transport after the Gloucester-based courier company entered administration.
Haulage and logistics can forget a return to pre-pandemic sales unless it embraces the “low touch economy”, with investment in autonomous vehicles, localised supply chains and contactless delivery processes, according to a new report.