Global group Gefco, which owns Gefco UK, saw revenues fall by almost a fifth last year after Covid-19 forced the closure of its customers’ car manufacturing plants. Announcing its results for the year to 31 December 2020, Gefco, which is 75% owned by Russian Railways and 25% owned by Peugot, Citroen and Vauxhall manufacturer, Group PSA, revealed a 19.7% drop in overall revenues to €3.8bn (£3.3bn). The group’s finished vehicle logistics (FVL) division saw its turnover plunge by almost 22% […]
Give hauliers grants to cover cost of shipping empty trailers to Northern Ireland, Logistics UK tells ministers
Logistics UK met with key government members this week to demand hauliers be given grants to cover the cost of empty running created by Brexit border issues.
The holding company for Eddie Stobart said revenues had increased by 2% for the year ending 30 November 2020, to £874.3m.
As we know, the government plans to end the sale of petrol and diesel powered cars and vans by 2030. Provided the industry can produce enough electric vehicles by then, there seem to be few barriers to ensuring the date is met. It’s a different story where heavy trucks are concerned though and diesel powered vehicles are likely to still be keeping us supplied after 2030.