German automaker Mercedes-Benz AG’s recent demand for a 10% reduction in freight rates by February 1, 2025, has sparked heated debate within the transportation industry. Transport service providers were required to submit their revised offers by January 23, 2025. In an industry where profit margins
In an era where international logistics and cross-border transportation are pivotal to global trade, the partnership between Hua Pengfei Co., Ltd. (HPF) and the International Road Transport Union (IRU) seeks to revolutionize these processes and enhance connectivity. Established in 2021, HPF has
In a move that signals a significant shift towards comprehensive protection for fleet operators, insurance broker McCarron Coates has teamed up with law firm JMW Solicitors to launch Accelerate, an innovative road transport protection policy specifically tailored to the needs of coach and bus
As the transportation and logistics (T&L) sector in the United Kingdom stands at a pivotal moment, the industry's adaptation to advanced technologies and sustainability practices becomes increasingly critical. Despite the immense potential of data analytics, machine learning (ML), and artificial
The transport prices in December 2024 have surged significantly, presenting a challenge for businesses and consumers alike during the festive season. This increase, which many had anticipated due to seasonal trends and inflationary pressures, has been confirmed by the latest TEG Road Transport
The holiday season often sees a significant increase in traffic on high-country highways, which, combined with adverse weather conditions, presents heightened risks for drivers. During this time of year, the combination of increased vehicle volume and unpredictable winter weather can turn a
