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German hauliers hit by widening cost gap

German road freight companies are struggling with falling volumes and rising costs, according to a survey by Elvis, the mid-sized logistics network. In a poll of 51 members, only 6 per cent reported an improvement in business conditions in August,…
Road

Mutares reshapes In Time Express after takeover

In Time Express is undergoing operational realignment following its acquisition by private equity firm Mutares, effective 1 August. Tim Kaltwasser, Associate Director at Mutares, has joined the management board as part of the transition. According to…
Road

OECD body warns of sluggish electric truck uptake

The global transition to electric heavy-duty trucks remains slow, the International Transport Forum (ITF) has warned. In a new report, the OECD-linked body highlights limited sales, high costs and weak financing conditions as key barriers to growth.…
Road

North American road freight stuck in downturn despite nominal growth

North America’s road freight market remains in crisis mode after twelve consecutive quarters of volume decline, according to a new analysis by UK-based research provider Transport Intelligence (TI). Although the market reached a nominal value of…
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