Markets News

A car retail group established in the 1920s as one of the world's first Jaguar dealerships has hailed "very respectable" vehicle sales in its latest accounts, driving turnover to almost £300m.

Rail transport provider Hitachi Rail is testing prototype technology in a smart ticket trial which could see ticker barriers in stations phased out entirely.

Representatives from the European Union and the United States sign a trade deal reviewing the function of an existing quota to import hormone-free beef into the EU.

Discover how Fruit 4 London is taking part in the UK capital’s E-Flex vehicle-to-grid demonstrator project to power its electric delivery vehicles.

A UK consortium is developing new EV battery cooling technology, with the aim of minimising range anxiety for electric vehicle users.

UK residents are stockpiling Christmas goods in anticipation of a post-Brexit economic slump, a leading Christmas tree distributer claims.

A Shropshire building contractor has broken ground on a development in the county for a Welsh independent food services wholesaler. Pave Aways Building Contractors has been contracted to deliver the new £720,000 steel framed distribution centre for Castell Howell Foods in St Martin’s, near Oswestry.

The UK Department for Transport (DfT) has announced it will deploy £2m (€2.23m) to a programme using Artificial Intelligence (AI) technology in road maintenance.

Rolls-Royce has been awarded a contract worth about £10m to develop hypersonic propulsion systems for the Ministry of Defence (MOD).

A review by the UK government of vehicle excise duty has resulted in substantial cuts to future tax rates on company cars producing zero emissions.

Work has started at Sheffield's largest employment site, with two speculative units scheduled for completion in November 2019. The PLP Bessemer Park scheme on the former Outokumpu steel works on Shepcote Lane spans 50 acres and is being brought forward by PLP.

The UK government has announced a £37m (€41.13m) investment in engineering projects aimed at improving electric vehicle infrastructure.

Autonomous vehicles can significantly change our traffic flow and reduce congestion when combined with sharing and alternative mobility options.

Dometic has designed a cooling system for mobile food and beverages to appeal to the market for last-mile-delivery for online shopping in large European cities.

Stoford Developments has broken ground on a new 11.6-acre logistics and global content creation studio at Icon Manchester Airport for online beauty and wellbeing giant The Hut Group (THG).

Cargo community provider MGI has launched the world’s first cargo community system with integrated blockchain technology.

Polish transport industry wants changes in the Mobility Package. IOn 28 June, there will be a protest of freight forwarders and truck drivers. The organiser of the action explains how it will look, how many people will take part in it and what the protesters’ demands are.

Decreased freight activity in recent months remained a key theme for May truck tonnage volumes, according to truck tonnage data issued today by the American Trucking Associations (ATA).

Eleven major banks, with total loan portfolios to global shipping worth some $100bn, will add climate considerations into lending decisions to incentivise industry decarbonisation.

In a world that is becoming more globalized by the second, the literal array of products being shipped in 2019 is extremely diverse. One diverse segment is the perishables industry, which distributes goods that naturally deteriorate due to time or environmental conditions.