Rapid developments in e-commerce and shipping technology will help fuel a 4.31% compound annual growth rate (CAGR) in the global courier and delivery services market, and a 6.2% CAGR rise in the UK domestic market by 2030, says the international delivery expert Parcelhero. The international price comparison site says the size of the global transportation […]
A new Office for National Statistics (ONS) Business Insights Survey reveals that fewer transport & storage sector businesses reported an increase in turnover compared to any other sector. Even the struggling arts and real estate sectors had more businesses reporting an increase in income. Looking to the immediate future, things continue to look flat, says […]
The latest government Business Insights report paints a gloomy picture of August’s trading. More than a quarter (27%) of all businesses revealed their turnover had decreased in August 2023 compared with the previous month – that’s 2% more businesses reporting a fall than in July. The home delivery expert ParcelHero says transport & storage sector […]
The latest Office for National Statistics (ONS) figures show British businesses had a generally upbeat July, with all sectors reporting increased turnover and demand and cost rises finally slowing. However, the home delivery expert ParcelHero says transport & storage businesses reported less rosy numbers than many other sectors. It warns this should set off alarms […]
The DHL Ocean Freight Market Update Report November 2022 is now available. Below are highlights of the latest developments of the global ocean freight market in this monthly analysis by DHL Global Forwarding. Demand outlook – Various events such as war in Ukraine, the energy crisis and inflation are lowering consumer spend, and thus demand […]
Fleet management provider CBVC Vehicle Management is urging financial advisors and accountants to encourage businesses to ignore headline lease rental rates and to instead focus on whole life costs for company car acquisition for fleet cost savings. According to CBVC, understanding whole life costs is critical, especially as fleets start to accommodate electric vehicles. Focusing […]
There are calls for the army to mobilise to protect the UK’s food supplies as the national shortage of truck drivers escalates. ParcelHero says the UK has a shortfall of around 70,000 drivers that could lead to delays, empty shelves and higher prices. Last October, the home delivery expert ParcelHero warned of an inevitable driver […]
Getting your supply chain right is vital to your business. You need to be able to get your stock in an expedient fashion and get it back out to your customers promptly. When it comes to getting the right road freight for importers, there are some questions that you need to ask about their service […]
In TMA’s first webinar of October, TMA and DWF hosted a webinar on 6th October with advice for those involved in the investment, funding, purchase and administration of road transport companies. Mike Parsons, board member of TMA Manchester and director of Duff & Phelps’ Advisory Team, opened the webinar and introduced Joanne Witheford, DWF’s deputy […]
Logistics on the continent may be about to experience significant disruption. Scania – manufacturer of heavy commercial vehicles – announced this week that it is launching its first fully electric truck range to keen buyers in the industry. The new vehicles are available in 165 and 300 kWh varieties and will offer 250 miles of […]
