Electric truck manufacturer Volta Trucks has filed for bankruptcy in Sweden and is set to file for administration in England, after its production targets were hit by the demise of its battery supplier Proterra, which hampered its ability to raise funds. The move sees 850 jobs under threat, of which 600 are in the UK, […]
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MEPs have approved a set of draft legislative amendments outlining rules for reducing the carbon dioxide (CO2) emissions of vans by 2020.
The administrator for a Somerset haulage firm is trying to rescue the business through a company voluntary arrangement (CVA) after a review of its financial position showed that it was still solvent. Insolvency practitioners at Leonard Curtis said S C Lyons Haulage had “strong outgoing cumulative net cash flow projections” and was solvent on a […]
DPD has beaten its target of having 10% of its couriers emissions-free, achieving the ambitious goal five months ahead of schedule.