Parcel, haulage and freight firm Caribou has acquired Prestwich-based C&D Transport Solutions as part of plans to extend its service offering and broaden its delivery network both in the UK and internationally. The purchase allows Caribou to…
By Reuters Staff2 Min ReadFILE PHOTO: Flags of the Union Jack and European Union are seen ahead of the meeting of European Commission President Ursula von der Leyen and British Prime Minister Boris Johnson, in Brussels, Belgium December 9, 2020. Olivie…
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LONDON, Jan 26 (Reuters) – Freight volumes moving between the United Kingdom and the European Union were down 38% in the third week of January compared with the same week a year ago, real-time truck movement data shows.
Sto…
LONDON (Reuters) – Freight volumes moving between the United Kingdom and the European Union were down 38% in the third week of January compared with the same week a year ago, real-time truck movement data shows. © Reuters/POOL EU Commission President v…
(Jan 26): Didi Chuxing Technology Co is close to finalizing a US$1.5 billion round of funding for its on-demand trucking unit from investors including Temasek Holdings Pte, surpassing its fundraising target as investors count on a Chinese economic reco…
Infrastructure development for the UK’s new post-Brexit border is falling behind because of a shortage of government funding and Whitehall bureaucracy, leading British ports have warned.
As a result the government is facing calls to further delay its p…
United Parcel Service Inc. agreed to sell its short-haul trucking business for $800 million, the first substantial move in the “better-not-bigger” strategy that Carol Tome developed since taking over as chief executive officer in June.
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There are forces, like supply and demand, that drive this economy. But there are also the literal drivers of this economy — the people who get everything from vaccines to food to auto parts where they need to go.
The trucking industry, like much of the…