Latest Industry news – Page 62
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Sector ripe for more M&A activity, business chiefs reveal
Investment remains a key priority for the UK logistics sector in 2022, and M&A activity levels remain high, despite the sector facing increasing challenges driven by labour costs, pricing and supply chain disruption.A survey of industry leaders found 65% of logistics businesses intend to make significant capital expenditure over the ...
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Midland Expressway recruits general manager to lead digital revamp of M6toll
Midland Expressway, the owner and operator of the M6toll, has appointed Michael Whelan (pictured) as general manager.He will oversee the implementation of a strategic ‘RoadAhead’ transformation programme, to deliver a world-class service to the 18 million drivers and businesses that use the motorway every year.A globally experienced expert on innovative ...
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Mercedes-Benz Trucks to unveil the eActros LongHaul electric truck in September
Mercedes Benz Trucks is set to unveil a concept prototype of its 40-tonne battery-electric eActros LongHaul truck at this year’s IAA Transportation in September in Hanover, Germany.Ahead of its debut at the show the OEM has released its first teaser images of the eActros LongHaul concept prototype and announced further ...
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Carrier Transicold invests in UK service training academy and new spare parts warehouse
Carrier Transicold has invested in a new specialist training academy and urgent request spare parts warehouse for its partners, to help reduce customers’ vehicle downtime.The Manchester facility holds vehicle off-road parts and is supported by overnight deliveries from Carrier Transicold’s European warehouse in the Netherlands when required.The warehouse also holds ...
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Chancerygate gets go-ahead to build major Grade A logistics park in Essex
Developer Chancerygate has been granted planning permission to develop a major Grade A urban logistics and industrial space in Witham, Essex.The company said the new 58,000sq ft scheme will meet growing demand in the region for Grade A logistics sites.Dubbed Freebournes Park, the speculative development will comprise ten units ranging ...
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Panattoni in spec development of final two units at its Aylesford logistics park
Panattoni is set to speculatively develop the final two units at its logistics site Panattoni Park Aylesford, after agreeing pre-lets for the rest of the space.The two units at the former Aylesford Newsprint site measure 100,000sq ft and 130,000sq ft respectively and are expected to be completed in the fourth ...
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Launch of major 200-acre New Stanton Park moves step closer
Verdant Regeneration has secured outline planning application for the redevelopment of the 200-acre New Stanton Park, near junction 25 of the M1, which the company says has the potential to deliver up to 4,000 jobs.Verdant Regeneration submitted an outline planning application in late 2021 for the redevelopment of part of ...
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MAN tests pre-production electric trucks ready for 2024 delivery
MAN said it was on track for its heavy duty electric truck to roll off the production line in 2024 and it was now training staff in CO2-free technology.One year after establishing its eMobility Centre at its main plant in Munich, MAN has produced 20 prototypes of its eTruck, testing ...
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Renault vans can now get connected via Geotab
Geotab, which specialises in connecting CVs to the cloud, has announced a tie-in with Renault to combine vehicle telematics capabilities with its fleet management platform.It said this would provide a single point of access for van operators to help them make informed decisions and provide connectivity for fleets of any ...
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High electricity prices could dampen demand for electric CVs
Renewed grant incentives for purchasing electric vans and trucks are likely to trigger increased interest among fleet buyers, but total cost of ownership (TCO) is key to widespread takeup, according to Webfleet Solutions.Richard Parker, UK EV lead at the telematics firm, said the removal of the plug-in grant for car ...
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Reduce fuel duty to help transport businesses, Logistics UK boss tells chancellor
Logistics UK chief executive David Wells has urged the government to cut fuel duty rather than VAT to ease the pressure on hauliers struggling with rising pump prices.Making the keynote address on the first day of Multimodal 2022 at the NEC Birmingham, Wells said the soaring cost of diesel was ...
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Call for operator views on trial of longer heavier vehicles
The government is looking at trialling longer heavier vehicles (LHVs) of up to 25.25m in length and 60 tonnes gross vehicle weight and is on the hunt for operators interested in taking part in the trial.The DfT has commissioned a feasibility study of LHVs, which is being carried out by ...
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Government axes plug-in car grant to boost funding for electric vans and trucks
The Government's plug-in car grant scheme has been axed with the funding refocused towards extending plug-in grants for new electric vans and trucks and supporting the roll out of the public chargepoint network.The move, announced with immediate effect from today (14 June), is supported by a new public evaluation report ...
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Logistics UK’s annual report warns of continuing pressure on supply chains
Disruption to global supply chains looks set to continue in 2022, requiring a radical move away from a reliance on just-in-time to the use of greater storage capacity, Logistics UK’s annual report is warning.The report notes that both global and local factors have caused issues for all elements of the ...
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CMA to investigate fuel price rises as calls for essential user rebate mount
Business secretary, Kwasi Kwarteng has asked the UK’s competition watchdog to urgently review the fuel market and make recommendations on how to “strengthen competition”.The request comes amid rising concern that forecourt retailers are not passing on the recent cut in fuel duty.In a letter to the Competition and Markets Authority ...
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Panattoni set to roll out 'biggest ever' logistics development in Avonmouth
Logistics real estate developer Panattoni is planning a major £250m speculative logistics development, in Avonmouth, Bristol.The company claims the site will include the UK’s largest ever speculative logistics building, in Avonmouth, Bristol.The development, called Panattoni Park Avonmouth, will be located on a prime, 73-acre site, Central Park, which Panattoni said ...
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Early electrification of van contract hire boosts sales and profits for Novuna
Novuna Vehicles Solutions said its commitment to driving the UK’s electric vehicle transition resulted in record pre-tax profits of £54.2m.The company, part of Mitsubishi HC Capital UK, also saw revenues increase by 18.7% to £883.9m in the year ending 31 March 2022.It said new customer acquisitions helped the business defy ...
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More than half of logistics workers fear for their safety, survey says
More than half of people working in logistics and transport worry about their safety at least once a year, according to a new report.It also found that 60% of employees are concerned about facing aggression from a member of the public, with more than a third (34%) saying they have ...
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New retail park rises on site of former Tamworth supermarket
Photo: Stuart Bogg ImagingA major new retail and trade park development has been announced on the site of a former Co-op supermarket in Tamworth.Demolition work has already begun on the 80,000sq ft site and construction is expected to take 52 weeks, with Lidl, B&M, KFC, Starbucks, Greggs, Subway and Travis ...
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CV repair specialist Sapphire branches into fleet management
Independent CV repairer Sapphire Vehicle Services has launched a fleet management division, which it said would allow operators to concentrate on what they do best.“For many companies, owning and operating a fleet is not their core business,” said Sapphire’s head of fleet services, Paul West (pictured). “Those who make or ...