Swedish truck manufacturer is to write off some $424m in relation to halting all work in Russia. As a direct result of the conflict between Russia and Ukraine, Volvo has stopped all sales, manufacturing & service operations in the country.
EU antitrust regulators have hit Scania with a $1 billion fine for their role in anti-trust price fixing. Scania and several other truck manufacturers have been embroiled in allegations of wrongdoing.
The DVSA recommends hauliers get their vehicles brake tested a minimum of 4 times per year, not including a statutory test during annual MOT.
Carbon output reduction has been a key focus for transport companies over the last few years. Much focus has been centered around the reduction of emissions in larger cities, with the introduction of low emission zones (LEZ) and Ultra low emissions zones (ULEZ) now common place
The price of diesel hit an all time high in March this year, driven by escalations in Russia reflecting an increase in the global price of crude oil.
