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 […]
Here are the main points addressed in this study (download it here) Coface does not expect the sector to recover to fourth quarter 2019 level before 2022. In Coface’s central scenario, the turnover of listed companies of the global transport sector will be 32% lower in the 4th quarter 2020 and 5% lower in the […]
Bibby Financial Services (BFS) has provided a £9m Group funding facility to support the re-finance of Currie European Transport Ltd, a transport and storage solutions group made up of 7 trading companies across Scotland, England, the Netherlands and France. The group, which is headquartered in Dumfries, Scotland, is using the funding to support an ambitious […]
Trucking businesses continue to be a profitable venture in the country today. According to statistics, almost 78% of all freight in the country is carried by trucks. However, just because many trucking companies are successful doesn’t mean that they don’t come with challenges. Maintaining a stable cash flow remains to be one of the greatest […]
