With Euro 7 on the way, a new report suggests proposals on pollutant emissions would lead to direct cost increases that are 4 to 10 times higher than those cited by the European Commission. According to the study by Frontier Economics, Euro 7 regulation will increase the manufacturing costs of diesel trucks close to €12,000. Not great news. The report authors say greater environmental and health benefits would be achieved by the transition to electrification.
The report coincides with news from Octopus Investments, part of Octopus Group, that it is to invest into Weev, the electric vehicle charge point operator based in Northern Ireland. It is backing Weev’s rollout plan with up to £50 million to address the shortage of charging infrastructure in Northern Ireland. Now, that is good news!
On another front, we may still be in the middle of summer, although you wouldn’t know it given the adverse weather and one of the wettest Julys|on record, but even so now is the time of year when many retailers and their supply chain partners will be starting to plan and secure their warehousing space and resource requirements for the so called ‘golden quarter’ and the Christmas peak. As we hear in this issue from Steve Purvis, Managing Director at Bis Henderson Space, predicting requirements seven or eight months ahead is always a nightmare, and this year looks particularly fraught. His article makes for interesting reading.
Also in this issue which has a strong golfing flavour, we take a look back in words and photographs at another highly successful Export & Freight Golf Masters at the Lough Erne Resort in Fermanagh where even the weather played its part. And we also report on Belfast Harbour’s annual charity golf event, as well as Dennison Commercials Open Day at its Newry Depot and Modern Tyres summer BBQ which attracted over 100 customers from across the Province.
In addition, we have our Annual Port Review where we report on Belfast Harbour’s robust financial results for 2022, despite a challenging global trading environment, and we hear too from other ports, including Dublin, Larne and Warrenpoint.
Please click the download button in the magazine viewer below
for the Aug-Sept 2023 issue of Export and Freight Magazine.
