FairFuelUK (FFUK) is calling for an investigation into the UK fuel market. FFUK wants the Office of Fair Trading (OFT) to take the issue on, after a report commissioned for G20 Finance Ministers warned oil traders may have been artificially inflating wholesale prices. It also wants the financial regulators to look at whether traders and speculators have, in the style of the banks and the Libor rate, “fiddled” the benchmark trading price for oil. In a statement the campaign group […]
Brit European Transport has bolstered its bulk liquids business with the purchase of Cheshire-based Tankplus. Specialising in fuel and bulk powder distribution, Tankplus operates from Ellesmere Port and runs seven vehicles. “We were looking to develop the size and scope of our bulk liquids division and the Tankplus opportunity fitted the bill,” said Brit European MD Graham Lackey. “We have no plans to change anything in the short to medium term as Tankplus appears to be working well and delivering […]
Subcontractors have slammed Fowler Welch’s plans to review rates in the midst of the COVID-19 crisis.
Half of all HGV, freight and cargo crimes in 2020 occurred at unsecured road side parking, with almost a quarter taking place at motorway service areas (MSAs), according to the freight division of the National Vehicle Crime Intelligence Service (NAVCIS).