Latest news – Page 198
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MT Article
Reinvestment strategy puts Palletline on track for “record profitability”
Palletline saw total turnover increase by almost 68% to £301.2m in the 18 months ending 31 December 2022.Revenues generated by its logistics subsidiaries rose by £40.1m to £70.1m during the period.The network said its extended accounting period followed a review of Palletline’s internal processes in 2022, when the board and ...
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MT Article
Lloyd Fraser toasts fashion division’s contract renewals
Logistics provider Lloyd Fraser said it had enjoyed an “unprecedented” number of contract renewals in its fashion transport division this year.The company said taking into account the current economic climate, it was testament to the culture of the business and its employees that it had renewed a high number of ...
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MT Article
Creditors of stricken firm confront boss at his home
A young entrepreneur who set up a haulage firm in Malton when he was just 17 had to contend with angry creditors at his home address when the firm hit financial problems.Charles Morgan Transport entered administration on 4 July, seven years after it was first launched, after increasing overheads and ...
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MT Article
Freight Management European’s collapse prompted by range of factors
A Burton-on-Trent haulage firm that failed last month was crippled by a host of problems, including Brexit, Covid-19 and an expensive fraudulent incident involving a customer, according to its administrator.Freight Management European (FME) had traded since 1998 and held an international licence authorising 40 HGVs, but in a report to ...
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MT Article
GXO slashed costs in first year of logistics partnership with BT Group
GXO has delivered "substantial" cost savings through increased efficiencies in the first year of its contract to manage telecommunications giant BT Group's logistics and transport operations.BT Group outsourced its logistics to GXO last year as part of its wider strategy to simplify and modernize its operations. The deal saw more ...
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MT Article
Wishart Transport sees rocketing orders with pallet pooler IPP
Wishart Transport has seen the number of annual orders with wooden pallets pooler IPP increase by 4,600% in just six years, the company revealed this week.The County Armagh-based company collects and distributes wooden pallets on behalf of IPP from a range of customers, including manufacturers and retailers, and has ...
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MT Article
Fleets need unplanned repair work every 10 weeks, r2c research shows
Commercial vehicles suffer on average around five defects each year - equivalent to approximately one every 10 weeks - which may need them to be taken off the road, illustrating the huge number of unscheduled repairs that affect fleet operations, research by r2c Online has shown.r2c, which provides connected software ...
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MT Article
Unlock £3.9bn in economic growth by investing in logistics and tackling border delays, sector tells government
Greater government investment, an improved flow of goods across borders and a closer partnership between government and the logistics sector could boost Gross Domestic Product (GDP) by £3.9bn by 2030.The findings are revealed in a new report by Oxford Economics for Logistics UK, dubbed Logistics: Delivering a Solution to the ...
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MT Article
Royal Mail net zero targets validated by SBTi
Royal Mail’s Net-Zero and near-term targets have been validated by the Science Based Targets initiative (SBTi), the UN-backed global body that enables businesses to set emissions reductions targets that are in line with the latest climate science. The organisation has validated that Royal Mail's corporate greenhouse gas emissions reduction targets ...
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MT Article
Welch's Transport launches net zero delivery with first Renault electric truck
Cambridgeshire-based family business Welch’s Transport has launched its net zero delivery service in Cambridge after taking delivery of a Renault Trucks E-Tech D Wide 4x2 curtainside rigid, the first fully electric HGV on its fleet.The new 19 tonne E-Tech D Wide was selected to provide the first net zero delivery ...
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MT Article
Brit European installs Axtec weighbridge at Vita Nova Centre
Logistics firm Brit European has installed a weighbridge at its Vita Nova Centre in Middlewich to ensure its vehicles stay within legal weight limits.The new Axtec Series 5000 Dynamic Axle weighbridge is also allowing the company to configure a new vehicle transporter design, to optimise loading positions and maximise payload ...
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MT Article
LCV market grows for eight month in August
The UK new light commercial vehicle (LCV) market grew for the eighth consecutive month in August, despite it tending to be a smaller volume month ahead of the September plate change, the Society of Motor Manufacturers and Traders (SMMT) has revealed.However, whilst the sale of electric vans grew during the ...
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MT Article
New tech offers fleet drivers speedy workshop bookings
A joint venture between tech firm epyx and REALtime Communications has launched technology that allows truck and van drivers to book directly into workshop diaries online "in a matter of moments."The service has been created by integrating epyx’s 1link Service Network platform - which is used by fleets totalling more ...
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MT Article
Hydrogen conglomerate UHL launches in UK with £250m spend
Global hydrogen business developer United H2 Limited (UHL), is planning to expand its presence in the UK and Europe, with a target spend of £250m over the next year and a focus on the hydrogen mobility sector.UHL is the world’s largest hydrogen conglomerate with a significant position in 37 hydrogen ...
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MT Article
XPO partners with green energy provider Ares Power
XPO has joined forces with Ares Power to provide logistics services to the company as it expands its green energy operations across the UK and Ireland.Ares Power is part of Kingdom Energy, which is owned by Shanghai Electric. The company provides a range of energy-saving products for domestic use including ...
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MT ArticleFreight Carbon Zero Podcast - Episode 3 focuses on hydrogen, infrastructure and the 6x2 tractor unit
The latest edition of our Podcast Summer Series is now available. Recorded live at Road Transport Expo earlier in the summer, we gathered the truck manufacturers together for the Big Debate to discuss the issues around the decarbonisation of the sector.
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MT ArticleDesignwerk makes BeNeLux market entry with electric truck portfolio
Swiss eMobility specialist Designwerk is bringing its innovative electric truck portfolio to Belgium, the Netherlands, and Luxembourg, showcasing its commitment to sustainable transportation solutions in these forward-thinking markets.
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MT ArticleMercedes eActros 600 undergoes extreme weather testing ahead of October launch
Further signs the new Mercedes eActros 600 is on course for its debut in Q4 2023 with the release of pictures from the latest testing phase of the truck amid the scorching heat of southern Spain.