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Junk mail deluge feared as postal union and Royal Mail reach deal to end strikes |
Price of averting postal strikes could be rise in junk mail as small print of deal to end dispute removes delivery restrictions
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| 9 Mar 2010 - 06:48 by Terry Abra |
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First Loss For 106 Year Old Shipping Line |
Maersk, the world's largest freight shipping line, has announced a $1.31 billion loss, its first in 106 years of trading. The loss is more astonishing as it comes after a profit in 2008 of $3.33 billion. The company blames the combination of unprecedented low demand and low rates.
Over the last decade, the company invested in new ships, as did many of its competitors, and this has led to a global surplus of capacity. Maersk reacted to the oversupply by laying up ships, reducing staff and cutting costs across the company. Freight analysts expect some improvement in volume and in rates, but only low single digits. This may not be enough to get Maersk back into the black without further cost cutting measures.
logistics.about.com
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| 8 Mar 2010 - 06:38 by Terry Abra |
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Geneva Motor Show: How the British car industry is being electrified |
A year on from the depths of early 2009, when sales were tumbling at a potentially catastrophic pace, British-based car manufacturers in Geneva this week appeared to be preparing for a new era.
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| 5 Mar 2010 - 08:42 by Terry Abra |
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New Car Registrations A Quarter Up On 2009 |
New car registrations were up by 26.4% in February, compared with the same month last year, the Society of Motor Manufacturers and Traders has said
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| 4 Mar 2010 - 10:23 by Terry Abra |
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Motorists victory as Government drops plans for local road pricing scheme |
Plans to make drivers pay congestion charges to commute into major provincial cities have been abandoned by the Government.
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| 3 Mar 2010 - 08:32 by Terry Abra |
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The self-employed avoid WTD regs |
Attempts to bring owner-drivers under the Working Time Directive have faced a further setback with the European Parliament's Transport Committee rejecting a fresh proposal to include them.
The directive has been under review since last year, with the Employment Committee leading on the matter.
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| 2 Mar 2010 - 05:34 by Terry Abra |
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ROADWORKS |
Half of drivers crash or have a near miss swerving to avoid potholes, Roadwork fines to increase tenfold, the cost of Britain's roadworks delays and lack of spending causes congestion and accidents
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| 1 Mar 2010 - 07:52 by Terry Abra |
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Lack of spending on roads causes congestion and accidents |
A lack of investment in Britain’s roads network is causing spiralling congestion and leaving motorists vulnerable to traffic accidents, a report has found.
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| 26 Feb 2010 - 07:43 by Terry Abra |
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European Comission cuts UK growth forecast |
The European Commission has revised down its forecast for UK growth this year, but left its prediction for eurozone growth unchanged.
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| 26 Feb 2010 - 07:41 by Terry Abra |
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Orders for 140 containerships cancelled |
Orders for 140 new containerships have been cancelled since the start of the financial crisis in September 2008, according to AXS Alphaliner.
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| 25 Feb 2010 - 07:09 by Terry Abra |
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