The UK market for new heavy goods vehicles grew by 17.2% to 11,174 units in the second quarter of 2023, the fifth consecutive quarter of growth, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT).

Five quarters of HGV fleet growth with UK operator demand back to pre-pandemic levels

The number of HGVs in service in the UK is at record levels, while there has also been a significant increase in ownership of electric commercial vehicles. That's according to the Society of Motor Manufacturers and Traders (SMMT), who have published new data on motor vehicle registrations in the UK.

Number of HGVs in service in the UK at record levels, latest figures reveal

AdBlue prices could increase by 170% in near future due to the limited production of the reagent, warns BWVL, a German economic association. According to its prediction, the increases will put supply chains under even more pressure.

AdBlue prices to rise 170% amid shortage, predicts German economic association

UK new HGV registrations increased to 37,163 (+12.9%) as the market gains ground after being locked down in 2020, according to the latest figures published by the Society of Motor Manufacturers and Traders. The transport industry is calling for a clear plan to drive the transition to zero-emission vehicles and maintain fleet operator confidence.

New HGV registrations in the UK increased by 13% in 2021

United Nations Conference on Trade and Development's annual Review of Maritime Transport has concluded that high freight rates, which are likely to continue in the coming months, <a href="https://unctad.org/press-material/high-freight-rates-cast-shadow-over-economic-recovery" target="_blank" rel="noopener">threaten the recovery of the global economy</a>.

UNCTAD: high freight rates cast a shadow over economic recovery

UK road transport pricing has stabilised after a record high 30% increase over 33 months. The <a href="https://www.transportexchangegroup.com/blog/priceindex/">figures come from the new TEG Road Transport Index</a>, which is intended to reveal the latest industry data on price-per-mile in the road transport market.

New industry index shows UK road transport rates stabilising after record 30% rise

More goods are now being shipped from Asia to the Netherlands via the UK, according to Dutch Statistics authority Statistics Netherlands (CBS).

More Asian goods arriving in the Netherlands via the UK

Wholesale and chemical industry representatives warn that the German train drivers' strike endangers the economic recovery in the country. The union of locomotive drivers (GDL) started its third strike yesterday - train drivers working for the Deutsche Bahn company have been paralyzing rail traffic. This is the first time, however, that the protest has affected freight train traffic, too.

How the German train drivers' strike affects freight trains

Average rates in European road transport increased by 3.2% year-on-year in Q1 2021, report analysts from Transport Intelligence (TI) and Upply. Compared to the last quarter, the average rate increased by 0.4%.