National Highways lifts 900 miles of roadworks planned for Christmas December 13, 2022 National Highways has lifted almost 900 miles of roadworks planned for the Christmas period to help Britons get around. The vast majority of roadworks will be removed from England’s major arteries from 6am on 20 December to 12am on 3 January, leaving 98 per cent of motorways and A-roads free. Transport secretary Mark Harper said [...]
Hapag-Lloyd forecasts small increase in shipping demand towards year’s end December 13, 2022 Shipping giant Hapag-Lloyd has forecast a small and short-lived uptick in demand towards the year’s end. The world’s fifth-largest shipping company saw a decline in demand in September and October as the cost-of-living crisis weakened consumers’ appetite. “I don’t think the market is as weak as it was four or eight weeks ago,” chief executive [...]
Felixstowe: Workers reach deal and accept 8.5 per cent pay increase December 13, 2022 Workers at the port of Felixstowe have finally reached a deal and accepted an 8.5 per cent pay increase for 2023. The port said that over 90 per cent of workers agreed to the rise, which also includes an additional £1,000 lump sum. “We are pleased to have reached an agreement on the 2023 pay [...]
Easyjet’s boss receives £3m package as airline remains in the red December 13, 2022 Easyjet’s boss Johan Lundgren has received a £3m remuneration even though the airline has posted a loss for the third consecutive year. The chief executive received a £1.2m bonus in addition to his £833,000 annual salary as well as shares worth £925,000. A company spokesperson said Lundgren – who has been at the carrier’s helm [...]
RMT’s Mick Lynch accuses government of ‘deliberately obstructing’ strike resolution December 13, 2022 RMT union boss Mick Lynch has accused the government of “deliberately obstructing” a resolution with workers. The railway union general secretary said a latest pay offer from ministers was “entirely unacceptable” as it came in “way below” inflation. Today marks the first day of four days of walk-outs by railway workers this week, with strike [...]
Airports slammed by regulator for being ‘unacceptable’ for disabled travellers – and London Luton is the worst offender December 13, 2022 Airports in the UK are no where near accessible enough for disabled people and passengers with reduced mobility, according to the aviation watchdog. The Civil Aviation Authority (CAA) said that despite signs of improvements in recent months, a number of airports in the country have been providing travellers with “unacceptable” levels of service. London Luton [...]
City darling Hg Capital pockets £1.6bn as LSE-listed fund sells cloud business to German rival December 13, 2022 City investor Hg confirmed to City A.M. this morning the sale of Transporeon, a cloud-based transportation management software platform, to rival Trimble in a transaction valuing the business at around €1.88bn, or £1.62bn. Transporeon provides cloud-based logistics and transport management platform, enabling automation, real-time insights and collaboration on €48bn of annual freight. The sale marks the [...]
Energy bosses laughing all the way to the bank as Brits face record energy bills amid cold weather December 13, 2022 Millions of British households are expected to rake up record energy bills as have been warned their energy bills may skyrocket over the next few days as the cold weather continues to dominate the UK. It comes as the Met Office and UK Health Security Agency (UKHSA) issued a severe cold weather alert for England [...]
Rail strikes: More competition could see unrest become a thing of the past December 12, 2022 Government cannot continue to abdicate responsibility - it is time to bang some heads together to end the rail strikes
Maersk appoints logistics boss Vincent Clerc to top job December 12, 2022 Maersk has appointed shipping veteran Vincent Clerc to the top job as outgoing boss Soren Skou stepped down after over six years at the company’s helm. Chairman Robert M. Uggla said Clerc – who has led Maersk’s ocean and logistics branch since 2019 and will take over from Skou on 1 January – was the [...]