Latest news – Page 218
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MT ArticleQuantron initiates funding round to expand into the North American market
Quantron, a German company specialising in electrifying road freight transport, has launched a B-financing round to target investors in the United States and Canada. The company aims to secure an equity investment ranging from €200 to 250 million, along with growth financing of €100 million.
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MT ArticleAlready more than 500 order enquiries: MAN to launch electric truck for long-distance transport in 2024
MAN has announced plans to commence production of its electric long-haul truck in 2024. This development has already generated customer interest, with more than 500 order enquiries received.
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MT ArticleKnowles Transport introduces electric truck for zero-emission deliveries
Fenland transport company, Knowles Transport, has become one of the early adopters in the UK to introduce an electric truck with zero-emission delivery capability.
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MT ArticleHVS urges introduction of ‘Pay-as-you-Pollute’ policies to accelerate zero-emission commercial vehicle transition
Hydrogen Vehicle Systems (HVS), a UK-based innovator in zero-emission commercial vehicles, is calling for the implementation of a ‘pay-as-you-pollute’ carbon-based pricing scheme on fossil-fuelled heavy vehicles to drive a faster transition to clean technology.
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MT ArticleMAN Energy solutions and Shell forge strategic partnership to advance decarbonisation solutions
MAN Energy Solutions and Shell have formed a strategic partnership aimed at driving decarbonisation solutions and facilitating the transition to net-zero emissions. The collaboration, outlined in a Memorandum of Understanding (MoU), seeks to leverage the respective competencies and technologies of the two companies to achieve their climate goals and support ...
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MT ArticlePositive reception for next generation FUSO eCanter at Road Transport Expo
The recently unveiled Next Generation FUSO eCanter electric light truck received a warm reception at the Road Transport Expo held in Stoneleigh, Warwickshire. The event showcased the latest model, which comes with enhanced power, efficiency, and an extended range compared to its predecessor.
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MT ArticleAir liquide and Iveco Group unveil Europe’s first high-pressure hydrogen station for long-haul trucks
Air Liquide and Iveco Group have jointly opened Europe’s first high-pressure hydrogen station for long-haul trucks, marking a significant milestone in their commitment to developing hydrogen mobility on the continent.
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MT ArticleCCC marks UK as failing on its low-carbon trajectory, calls for measures on zero-carbon freight
The UK’s Climate Change Committee (CCC) has slammed the government over its slow progress towards its commitments and said it has to take action both to speed up progress towards its legal targets and to regain its international leadership role. It said “Our confidence in the UK meeting its goals from 2030 onwards is now markedly less than a year ago”.
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MT Article
Delay in government low carbon fuels strategy is putting off private investment
A delay in the publication of a government report into how the logistics industry can navigate its transition to a greener economy is preventing private sector investment, according to Logistics UK.It said the low carbon fuels (LCFs) strategy is now six months late and this, along with concerns over the ...
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MT Article
EmergeVest MD sued in Hong Kong for return of investor funds
Logistics tycoon John Lau is suing buyout fund EV Cornerstone, managed by private equity firm EmergeVest, plus MD Heath Zarin, pictured, over its portfolio company EV Cargo’s plans to operate in China.A writ of summons was filed in Hong Kong’s high court on 19 June and outlined demands that Lau’s ...
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MT ArticleNew trustees for Transaid as it chairity announces new African cycle challenge
Transaid has appointed three new trustees to its board and sees it grow to 14 members in its 25th anniversary year. The move follows two earlier appointments in February and March.The three new appointments replaced long-standing trustees who have stepped down and two additional members have been taken on to ...
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MT ArticleHighland debut for 40-tonne electric truck attracts ministerial interest
An electric timber truck being trialled by James Jones & Sons made its first appearance at the Royal Highland Show last week.The 40-tonne artic is being used by the Stirlingshire headquartered haulier out of its sawmill in Lockerbie and will transport timber to its Hangingshaws national distribution centre.Lorna Slater MSP, ...
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MT ArticleFormer water borehole site makes ideal depot for Potteries Heavy Haulage
A family-owned Stoke-based heavy haulage specialist has bought a 4.35-acre former borehole site in order to transform it into a haulage depot and expand its operations.Potteries Heavy Haulage has taken on the site on the A50 at Meir from Severn Trent Water following a competitive tender process.Michael Edwards, business development ...
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MT ArticleWincanton boxes clever with defence contract extension
Wincanton has extended its contract with defence engineering firm Rheinmetall BAE Systems Lane (RBSL) that sees it supporting the manufacture of Boxer MIV fighting vehicles for three more years.The contract renewal and expansion means Wincanton will continue delivering warehouse operations at RBSL’s warehouse in Telford, which also involves the upgrade ...
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MT ArticleRise in popularity of electric scooters poses extra dangers around HGVs
ShutterstockThe rise in use of electric scooters is leading to increasing numbers of accidents involving HGVs, with riders largely unaware of the number of blind spots on a lorry - according to digital platform SNAP.It said truck drivers were facing new threats as the number of urban road users soars; ...
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MT Article
Former ESL auditors fined over accounting failings
Accounting firms KPMG and PwC have been fined over their audits of Eddie Stobart Logistics (ESL) for “not satisfying the relevant requirements”.UK accounting regulator, the Financial Reporting Council (FRC), said there were “numerous, serious and pervasive failings” in PwC’s 2018 audit of ESL and “some serious failings” in KPMG’s 2017 ...
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MT ArticleFirst Mercedes electric semitrailer truck handed over in the Netherlands
Dutch food logistics business, Simon Loos has become the recipient of the first eActros 300 Tractor, marking the debut of an electric Mercedes tractor unit in the Netherlands.
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MT ArticleRenault Trucks enhances driver well-being and safety with major upgrades to heavy-duty vehicles
Focusing on driver well-being and safety, Renault Trucks has introduced significant enhancements to its heavy-duty vehicles, including the Renault Trucks T, T High, C, and K models.
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MT ArticleFirst electric EcoCombi introduced on Dutch roads
Vlot Logistics is the first company in the Netherlands to integrate a fully electric EcoCombi into its fleet. The company’s innovative addition is the DAF CF Electric rigid combination, which includes a dolly and semi-trailer equipped with an electrically driven Hiab hook arm, alongside a 23-tonne/metre crane.
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MT ArticleRoad Transport Expo 2023 is back with a bang at NAEC Stoneleigh
Road Transport Expo 2023 (RTX) opened for business today at NAEC Stoneleigh, with its ‘all about the truck focus’ obvious from the moment visitors entered the site.The award-winning show, now in its second year, provides an ideal platform to bring together fleet operators, manufacturers and industry experts in one vast ...