New HGV registrations fall nearly 10% in second quarter

London, UK: Truck sales fell 9.4% to 10,670 registrations in the second quarter of 2018, according to new figures from the Society of Motor Manufacturers and Traders (SMMT).

A breakdown of the figures shows that demand for artics fell 13.2% to 4,365 units while registrations of rigids declined 6.5% with a 14.7% fall in the >6-16T segment and a 1.8% decrease in the >16T segment.

The SMMT blamed the fall on a “downturn in business confidence caused by ongoing political and economic uncertainty and confusion surrounding clean air zones and local regulation”.

Despite a 13.1% drop in demand, tractors remained the most popular vehicle, accounting for more than two fifths (40.8%) of the market.

Figures for the first half of 2018 painted a similar picture, down 7.8% on the same period, with 20,455 registrations so far this year. However, the decline follows a strong performance in 2017 when HGV demand reached its highest level for the period since 2008.

SMMT chief executive Mike Hawes said: “While the fall in registrations follows strong demand in 2017, this quarter marks the fourth consecutive decline for the HGV market. Ongoing political and economic uncertainty, coupled with concern around a patchwork of different local authority clean air zones, has clearly had an impact. We need the right conditions to give operators confidence to invest in their fleets, ensuring this important market can continue to prosper.”



OSHA names GCCA Alliance Program Ambassador

Arlington, Virginia, USA: The US Department of Labor’s Occupational Safety and Health Administration (OSHA) has recognised the Global Cold Chain Alliance as an Alliance Program …


Definitive textbook on natural refrigerants available in English

Brussels, Belgium: Shecco, a natural refrigerent marketing company, has partnered with German publisher VDE Verlag to translate its popular 2019 German textbook on natural refrigerants …


Carrier’s TripLink gets smarter for reefers

Singapore: Carrier Transicold has added features to TripLink, its refrigerated container data management system. The system can better be adapted to suit specific customer requirements. …


XPO second quarter revenue hit by coronavirus

Greenwich, Connecticut, USA: XPO Logistics’ revenue for the second quarter of 2020 was down from $4.24bn to $3.5bn. Bradley Jacobs, chairman, XPO Logistics, said, “The …



Latest Tweets

Cold Chain News is going digital from September. The new digital format will bring you a digest of UK news plus features about the British temperature-controlled logistics industry. Find out more:

© 2020 Global Cold Chain News | Terms of use | Privacy Policy
Commercial Transport Publishing Limited, registered in England and Wales, Company No: 6453302. Registered Office: 6 Corunna Court, Corunna Road, Warwick CV34 5HQ