Friday, November 1, 2019

Some Smaller Pieces of Freight Industry News You May Have Missed this Week

A Few Choice Cuts from a Variety of Logistics Releases
Shipping News Feature
UK – In a week when Transport Secretary Grant Schapps announced a review into the safety of smart motorways, the Road Haulage Association (RHA) released a Policy Paper calling for better refuge areas and clearer signage to raise safety levels for what many consider a hazardous venture.

The closure of hard shoulders during busy periods is a risky exercise if drivers, particularly those in charge of HGVs, cannot understand the meaning of the changes and the UK lags behind many countries by often not recognising the need to instruct road users in a way they can understand.

UK – The Freight Transport Association (FTA) this week called Bristol City Council’s proposals for a Clean Air Zone ‘alarming’, after the lack of detail left local businesses in the dark over the scope proposed. Details of the hearing on 5th November here. Whilst supporting the commitment to improving air quality in the city Chris Yarsley, FTA’s Policy Manager for the South West of England, commented:

“FTA is particularly concerned about proposals for a ‘diesel vehicle ban’ in the city centre. Will the ban operate at peak hours or 24/7? While previous consultations only discussed a ban on cars, it is now unclear whether lorries and vans will also be included. If so, how does the Council expect goods to be delivered to supermarkets, businesses and homes?

”There are currently no viable alternatives to diesel-run lorries. Furthermore, the proposed scrappage scheme appears to only be open to residents of private cars, what help will be provided to commercial vehicle operators and those who need LCVs for their jobs, including self-employed business people?”

UK – Logistics group Worcester based Amco Services is raising funds for local charities the Worcestershire Maternity Bereavement Suite and for Downs Syndrome Association as part of the Celtic Cup Society Golf Tournament which is celebrating its 10th anniversary. Every year members and friends choose a time and a place to spend a long weekend away to play golf and use the opportunity to raise funds for charities that are close to their hearts. You can add your support to these very worthy causes via this link.

CHINA – V2X (vehicle to everything) technology took a forward step this month when five different automakers: Renault-Nissan, Brilliance Auto, FAW, Great Wall and another major European OEM, part of 20 automotive companies forming about 50 demonstration teams, trialled autonomous vehicles equipped with Israeli group Autotalks chipset technology.

The demonstration included both Vehicle-to-Vehicle (V2V) and Vehicle-to-Infrastructure (V2I) applications with security enabled according to Chinese OSCCA standard for the first time and conforming to the Chinese C-V2X standard. Protection of the V2X system against cyber security attacks through Road Side Units (RSUs), was evident through the demonstration rides.

DENMARK – Tanker outfit Norden is making light of the fact that it was mainly a ‘calculation error’ whilst preparing its Q3 financial report which meant adjusting down its expectations for the year to between $10 to $45 million, rather than the original estimate of $25 to $60 million.

The error, which impacted the estimate by around $15 million, was related to IFRS16 related adjustments to the expected contribution margin in the Tanker segment. Norden says it has no impact on actual reported results. IFRS16 concerns adjusted lease figures as set by the International Accounting Standards Board (IASB) and affects company figures from January this year.

SPAIN – Shipping and forwarding group Martin Bencher has added to its coverage in the country with a new office in Bilbao to service its project logistics clients. Managing Director for Martin Bencher Spain is Mr Rodrigo Jaime who said he is confident the company will accomplish its goal to expand in the Spanish market.

Photo: Smart motorways are under the spotlight.