Light freight handling could reach 20m parcels if Thames’ potential unlocked February 9, 2022 When it comes to light freight handling, the River Thames has a lot of untapped potential which needs only to be unlocked, said a new research. Commissioned by the Thames Estuary Growth Board and the Port of London Authority, the ‘Light Freight on the River Thames’ report highlighted that using the river to handle 20 [...]
Airbus revokes additional Qatar Airways orders in escalation of row February 8, 2022 Airbus has showed no sign of looking for a peaceful resolution to the ongoing row with Qatar Airways, as it announced today it revoked the airline’s orders for two A350-100 planes. According to a company spokesperson, the deal was terminated “in full compliance with [Airbus’s] rights.” This is the second time the company has retaliated [...]
Tesla under fire after two senators raise concerns over driving system February 8, 2022 Another turbulent day at Tesla, as two US senators have expressed “significant concerns” over the electric vehicle (EV) giant’s ‘autopilot’ and ‘full self-driving systems’. “We are deeply troubled by Tesla’s design choices that seemingly encourage unsafe driving habits,” Democratic senators Richard Blumenthal and Ed Markey wrote in a letter to the Austin-based company. “These complaints and [...]
C2C apologises for “inadvertently” causing price overcharge February 8, 2022 Rail operator C2C has apologised for “inadvertently ” loading the ticketing system incorrectly and causing an increase in ticket prices. C2C, which is owned by Italian state operator Trenitalia and runs services between the City’s Fenchurch Street and south Essex, told customers who had purchased a ticket between Saturday and today they could get a [...]
Get used to queueing at Dover, says Road Haulage Association February 8, 2022 HGV drivers better get comfortable as they need to prepare for four-hour long queues at ports, according to the Road Haulage Association. Post-Brexit, checks at Dover and across the Channel have become the new normal, causing mile-long bottlenecks and forcing authorities to implement traffic access protocols such as Dover TAP to avoid extreme congestion in [...]
UK loses £7bn from Omicron restrictions’ impact on travel and tourism February 8, 2022 The UK has lost around £7bn from the impact of Omicron restrictions on travel and tourism, according to World Travel and Tourism Council (WTTC) data. “Imposing unnecessary travel restrictions to ‘deal’ with Omicron was not backed by science and cost the UK economy £7bn in lost revenues,” said WTTC’s chief executive Julia Simpson. “Travel is [...]
Iveco’s profits boom following surge in orders February 8, 2022 Automotive giant Iveco has registered a boom in profits after closing 2021 with a 77 per cent increase in worldwide order intake. The group’s profits for the full year surged from a net loss of €167m to a €140m adjusted net income, while adjusted diluted earnings per share went up to €0.43 from a loss [...]
Exclusive: TfL chief on Crossrail, progress on a funding deal, and why levelling up needs London February 8, 2022 SOME fifteen years after the project was given government approval, TfL staff beam with pride as they escort journalists onto the gleaming Elizabeth Line platform at Paddington’s new Crossrail hub. “The Shard will fit in here quite comfortably. It’s the size of three Wembley stadiums,” explains Crossrail’s chief executive Mark Wild.Built jointly by construction giants [...]
CarFinance 247 reports 11 per cent increase in prices following used-car market boom February 8, 2022 UK motor finance platform CarFinance 247 has registered an 11 per cent increase in the average price of vehicles sold going up from £9,364 in October 2020 to £10,434 a year later. As a result of supply chain issues and strikingly high levels of demand, prices have gone up almost 30 per cent on 2019 [...]
Brexit bust: UK flight compensation for delays likely to drop from £220 to £25 February 8, 2022 The government’s plan to slash flight compensation for delays on UK domestic flights has been branded as “another Brexit win”, as it would impact on consumer refund rights. Earlier last week, the Department for Transport (DfT) announced it had opened consultations over the adoption of the new regulation, which would see the UK adopt a [...]