Haulage and plant hire company Fox Brothers has received a £70m funding package from two banks to increase its fleet and pursue acquisition opportunities. NatWest and HSBC UK have provided the asset-based lending (ABL) facility to the North West business to enable it to ‘future proof’ its position in the sector. Paul Fox, chief executive […]
Scania has launched a new range of fully electric trucks which can reach up to 350km on one charge and are targeted at regional operations.
A Glasgow operator has been disqualified and had his licence revoked after a traffic commissioner heard about “the worst case of breaching the drivers’ hours rules” he’d ever seen.
Eddie Stobart Limited (ESL) slashed its losses by 77% in 2020 after exiting a number of “unprofitable” contracts, implementing cost cutting measures and applying a new accounting standard.