Category: News
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Network Rail Creates ‘Virtual Freight Route’
Network Rail has announced it has created a ‘virtual route’ for freight services and national passenger operators. The new route has been introduced as the result of recommendations in the Shaw report and will allow the rail company to focus their improvements. Paul McMahon will take over as Network Rail’s managing director for freight and…
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Are UK Exports Endangered By Brexit?
With the prospect of a possible exit of Britain from the European Union, could the UK’s export market be in danger? The UK is currently the eleventh biggest export market in the world and a recent report by WTex found that around 53.6 per cent of UK exports go to its trading partners on the…
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Air Freight Figures Grow Year On Year
Levels of air freight have grown at one of the biggest airports in the North of England, according to the latest figures released by Manchester Airport. With over 100,000 tonnes of freight shipped by air, the 2015-16 year has been the best year for the airport since 2011-12. Ken O’Toole, chief executive of the airport,…
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Calls For New Rules To Cut HGV Emissions
As a huge contributor to carbon emissions, whether that be by road, rail, air or sea freight, the industry has a duty to ensure it helps to bring down pollution levels to help meet climate change targets, according to a group of big businesses. The alliance of companies including Ikea, Nestle and Heathrow Airport have…
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Trade Imports Rise 13% Between February And March
The value of trade imports into the UK has increased by 13.1 per cent between February and March 2016, taking it to £39.8 billion. This is £4.6 billion higher than it was in February, and £3 billion more than in March 2015, according to the latest report from the Office for National Statistics (ONS). For…
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‘Unlikely’ That UK Exports Will Reach £1 Trillion By 2020
Trade Minister Lord Maude has said that the government’s plan to double exports from the UK to £1 trillion in the next five years is a lofty ambition, not the first time that Whitehall has been warned that it is in danger of missing the target set out in 2012 by George Osborne. Lord Maude…
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Australia Trending Export Market For UK’s SMEs
Research by the Royal Mail has uncovered where the UK’s small to medium-sized enterprises (SMEs) are looking to most in the world to expand exports and overseas shipping, and Australia has come out on top. According to the study of 300 small export businesses, UK companies left rattled by the prospect of the exit of Britain…
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UK Food & Soft Drink Exports Up By 0.9%
Last year saw exports of branded soft drinks and food rise by 0.9 per cent to reach £4.63 billion, although overall exports saw a drop of £0.6 billion to settle at £12.3 billion for the year off the back of oil price drops and the strength of the pound against the Euro, resulting in less…
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Ireland’s Export Industry Grows By 20% Year-on-Year
There has been an increase in the value of goods exported from Ireland using freight services, with exports totalling €111,038 million (£86,320.76) in the year leading to December 2015. According to the Central Statistics Office, this is 19.9 per cent higher than the value of goods exported in 2014, at an increase of €18,422 million.…
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FTA: Mayoral Transport Plan Should Include Freight
The Freight Transport Association (FTA) has said the next mayoral candidate for London should include plans for improved freight services in their transport manifesto. Speaking positively about Sadiq Khan’s hopes for an affordable London transport system, the FTA stated that better freight logistics would also be in the interest of those living in the capital…