Hitachi Rail has agreed to acquire Thales’ Ground Transportation Systems (GTS) for an enterprise value of €1,660 million. The final purchase price will be determined after customary adjustments typical for a transaction of this nature. The acquisition is expected to close in late FY2022, subject to the usual conditions including regulatory and antitrust…
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Defra has recently been engaging with industry on the HGV driver shortage, in order to understand how it can support and ease pressure on relevant sectors. Through these discussions, Defra has received reports that changes to the off-payroll working rules (IR35 regulations) in April 2021 have been a contributing factor to these challenges. …
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In 2017, the government asked the National Infrastructure Commission (NIC) to make recommendations on how to ensure an efficient, low-carbon freight system. Its response to the ensuing 2019 report, Better delivery: a challenge for freight, sets out its position on the recommendations. The response also announces the government’s intention to form a partnership…
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DHL Express has ordered 12 fully electric Alice eCargo planes from US-based electric aircraft manufacturer Eviation. With this engagement, DHL aims to set up an unparalleled electric Express network and make a step into a sustainable aviation future. Eviation’s Alice is a leading fully electric aircraft, which enables airlines – both cargo and…
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A new supply chain platform has launched to drive sustainability, transparency and profitability in UK fashion and textiles. The UK Fashion & Textile Association is working with IBM, Tech Data, and the Future Fashion Factory to design, prototype and pilot a new technology platform to help the UK fashion and textile industry drive sustainability…
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Leeds city council, West Yorkshire Combined Authority and Bradford council have secured a Department for Transport and Energy Saving Trust grant to fund 32 new electric-cargo bikes to the value of £160,000. The Energy Saving Trust’s £2 million fund aims to help businesses and local authorities purchase cargo bikes in an effort to combat…
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Highways England says it is committed to progressing the construction contracts process for the A303 Amesbury to Berwick Down upgrade past Stonehenge. Following a High Court ruling against Transport Secretary Grant Shapps’ granting of a Development Consent Order for the scheme, plans for early works and archaeological fieldwork have now been paused. The…
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Consumer delivery company Hermes has announced a partnership with Tesco to provide ParcelShop services across its convenience estate nationwide. Services will commence from 6 September in the first phase of stores and a continued roll-out is planned over the coming months. The Hermes ParcelShop estate currently includes more than 6000 independent retailers, retail…
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Article by Chris Laws, supply chain specialist and Vice President of Product, Strategy, and GTM at Dun & Bradstreet. Businesses have experienced serious supply chain disruptions caused by Covid-19 for over 18 months now, with 99 per cent of procurement and supply chain leaders interviewed by Dun & Bradstreet claiming that Covid-19 has impacted…
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Real estate investment manager Barings and property developer HBD have acquired a strategically located logistics development opportunity in Rainham, London. The 20.5-acre site has outline planning for B1c, B2 and B8 uses and the joint venture plans to build a large to mid-box scheme totalling circa c. 368, 000 sq. ft. with design and build…
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