Introduction As the world becomes increasingly digitised, industries are facing a pressing need to adapt to technological advancements. The logistics sector, a cornerstone of the UK economy, is no exception. Recent findings from a report by Neos Networks have unveiled...
In the dynamic landscape of small business management, effective financial management is the key to sustained success. Accounting plays a pivotal role in this process, and thanks to the development of technology, accounting software has become a powerful tool for...
A recent survey of businesses containing 250 UK and 250 US respondents firms found that only 61% of UK firms recognised the importance of connecting disparate supply chain data and 20% said they were not using supply chain data at all. Data disparity can come on a...
Government announces £100m funding to improve truck stop facilities On 24th November the UK government announced a £100m package to improve HGV/truck facilities. Service station grant scheme Part of this funding will be used to open a grant scheme worth £32.5m to...
Introduction The sharp increase in inflation is causing most businesses to review their current costs and look at ways they can save time and money. Costs for energy and fuel have risen significantly in recent times which is increasing the running costs of businesses...
The government has recently announced its Energy Bill Relief Scheme for businesses. This scheme will give businesses a discount on their bills based upon a government-supported baseline price. The government has said that small businesses will receive the same level...
Introduction The University of Birmingham and Pass Logistics (Multi-modal freight company) have signed a memorandum to conduct research into switching contained goods from road to rail to support decarbonisation. The aim of this memorandum is to develop solutions to...
Introduction The transport industry is still considering what the best long-term solution may be for net-zero HGVs. There are currently two leading technologies that HGVs can adopt which are hydrogen trucks, or battery trucks. The current debate is focused on which...
The government has launched a campaign called ‘Generation Logistics’, which will be an industry-led recruitment and awareness campaign supported by the government to help address the skills shortage in the transport and logistics sector. Why has the government...
Pallet-Track chief executive Caroline Green has reported there are promising signs that we could be through the worst of the HGV driver shortage crisis. Wage increases and more tests easing HGV driver shortage Since the height of the HGV driver shortage in...
Rail fares increase in line with July’s RPI inflation rate The government has confirmed that rail fares across England are due to increase by 3.8% in March 2022. This is the largest increase in rail fares within the last nine years with the increase being in line with...
Zero-Emission Vehicles The UK has confirmed that all new HGVs in the UK will be zero-emission by 2040. Furthermore, by 2035, the UK has committed to phasing out all-new non-zero-emission HGV’s weighing 26 tonnes or less. This is in addition to the UK’s 2030 phase out...