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Freight crime spirals out of control as value of goods stolen rises to over £100 million

Posted on 17th March 2025 at 18:59
 
Freight crime spirals out of control as value of goods stolen rises to over £100 million 
 
Freight crime spirals out of control as the value of goods stolen rises to over £100 million 
 
2024 saw a significant rise in the value of goods stolen from lorries – up nearly two-thirds to £111.5 million. 
Freight crime is at record levels with loses exceeding £1 billion since 2020. 
 
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DP World reports record revenue of $20.0 billion and EBITDA of $5.5 billion

Posted on 17th March 2025 at 18:41
 
DP World reports record revenue of $20.0 billion and EBITDA of $5.5 billion 
 
DP World Limited has announced financial results for the year ended 31 December 2024. On a reported basis, revenue grew by 9.7% to $20.0 billion and adjusted EBITDA rose by 6.7% to $5.5 billion with an adjusted EBITDA margin of 27.2%. 
 
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Government unveils plans for HGV charging infrastructure

Posted on 7th March 2025 at 11:58
 
Government unveils plans for HGV charging infrastructure 
 
The government have announced 54 new infrastructure hubs at the recent ZEHID progress summit. Charging infrastructure is due to be strategically located across England, Scotland and Wales with a mixture of semi-public depot charging and public charging on motorways and A-roads. 
 
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Hutchison to sell Port of Felixstowe

Posted on 6th March 2025 at 16:06
 
Hutchison to sell Port of Felixstowe 
 
A consortium comprising shipping line MSC’s Terminal Investment Limited (Til) arm and US investment fund BlackRock-TiL is to acquire an 80% stake in a clutch of 43 ports worldwide from Hong Kong’s CK Hutchison, including Felixstowe, the UK’s main container hub. 
 
The $22.8 billion deal covers CK Hutchison’s entire 80% stake in Hutchison Port Holdings including ports and terminals in 23 countries worldwide. In the UK, the ports of Felixstowe, Harwich and Thamesport are included in the deal, along with Hutchison’s major terminal operations in Europe including Rotterdam. 
 
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Europe’s largest cranes for DP World Southampton

Posted on 24th February 2025 at 19:02
 
Europe’s largest cranes for DP World Southampton 
 
DP World is making a £60m investment in the UK’s trading capacity with an order of four new quay cranes for its Southampton container terminal. 
 
The new cranes will be the largest quay cranes in Europe and can perform quad lifts, moving two 40ft containers together from ship to yard in a single move, reducing the time taken to load and unload large container vessels. 
 
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Strategic infrastructure projects are vital to driving growth, says Logistics UK

Posted on 4th February 2025 at 13:14
 
Strategic infrastructure projects are vital to driving growth, says Logistics UK 
 
The government’s support for nationally significant infrastructure projects, including Heathrow’s third runway and the Lower Thames Crossing, is the type of government action industry has been urging for a long time, according to Logistics UK, one of the biggest business groups in the UK. 
 
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Chancellor backs Lower Thames Crossing

Posted on 4th February 2025 at 13:02
 
Chancellor backs Lower Thames Crossing 
 
The Chancellor of the Exchequer, Rachel Reeves, set out the government’s commitment to delivering the Lower Thames Crossing. 
 
She said: “We will work with a private sector to deliver the infrastructure that our country desperately needs. This includes the Lower Thames Crossing which will improve connectivity at Dover, Felixstowe and Harwich, alleviating severe congestion as goods destined to export come from the North, and the Midlands and across the country to markets overseas. 
 
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Truckstop upgrade funding support announced

Posted on 14th October 2024 at 18:29
 
Truckstop upgrade funding support announced 
 
The UK Government have announced further grants awarded to truck stops to improve toilets, showers, security, rest areas and more. 
 
The funding is from the third year of the HGV parking and driver welfare grant scheme, which will come in addition to £8 million from industry, for a total funding boost of £12.5 million to improve truckstops. 
 
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Immingham Freight Terminal gets green light

Posted on 14th October 2024 at 18:16
 
Immingham Freight Terminal gets green light 
 
The £100m Immingham Eastern Ro-Ro Terminal application has been granted development consent by the Secretary of State for Transport Louise Haigh. 
 
The application comprises a new roll-on/roll-off facility comprising a new jetty with three berths, improved hard-standing, terminal buildings and an internal side bridge to cross over existing port infrastructure. 
 
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