The average price of a litre of bulk diesel is just 0.75p off the all-time record set at the end of March last year, according to a survey of Road Haulage Association members. Nick Deal, manager of logistics development at the RHA, explained that the falling exchange rate between the pound and the US dollar – which hit a 31 month low last week – is pushing up the price of diesel. The RHA survey found that the average price […]
Abbey Logistics Group has renewed its contract with food manufacturer ADM International for the distribution of refined oils and fats across the UK.
Harlow MP Robert Halfon has called for a parliamentary debate on whether the Office of Fair Trading (OFT) should investigate UK fuel prices. The Conservative MP wants a debate and vote to focus on the non-duty portion of petrol and diesel prices: specifically on whether there is a need to investigate possible price-fixing and anti-competitive behaviour by oil wholesalers. Halfon is seeking to table a Commons Motion on the issue, which has been backed by 65 cross-party MPs, and he […]
Fred Sherwood & Sons (Transport) saw pre-tax profit fall 18% last year with turnover also declining by 5% in the period.