Haulage News

Business groups call for scrapping of fuel duty rise

Business lobbying groups have called for the government to postpone a planned 3p rise in fuel duty set to be implemented in January.

Both the Forum of Private Business (FPB) and the British Retail Consortium (BRC) have suggested that scrapping the tax hike will help companies stabilise and plan ahead for growth in 2013, assisting the economy as a whole.

Cut in fuel prices top priority for hauliers

Seeing fuel prices cut remains the top priority of hauliers, a new survey by Commercial Motor has revealed.

Of the 200 operators who responded to the motoring magazine’s annual survey, more than eight in 10 said that lower fuel prices would have the biggest positive impact on their industry.

Last year’s survey also saw lower fuel prices as the top priority.

46% expressed their concern at the continuing late payment culture and felt something needed to be done.

Olympics transport hailed as success

London’s transport network has been praised by the Road Haulage Association (RHA) after little disruption was felt by freight services across the capital.

As London’s extensive transport networks already caters for approximately 8 million, there were concerns expressed before the Games that transport across the city would buckle under the pressure of holding such a sporting event, with both the public and businesses set to suffer.

RHA urges long-term fuel duty strategy

The Road Haulage Association (RHA) has urged HM Treasury to develop an ‘effective long term fuel duty strategy’ as it has emerged in recent weeks that rising fuel prices are hitting some of the UK’s largest businesses.

Ryanair announced last week that it had seen a 29% drop in profits due to high fuel prices, which has come as no surprise to the Road Haulage Association.

The RHA’s Chief Executive, Geoff Dunning, said: “This is yet another example of the impact on industry of high fuel prices”.

UK logistics stays confident in face of adversity

The logistics sector is optimistic, with many of its firms looking to grow in the next six months, despite continuing economic challenges, a new report has indicated.

Consequently, it looks likely that more firms in the logistics sector will need to pursue external business finance solutions to really help kick-start growth plans and fund ambitious mergers and acquisitions.