The price of fuel has little effect on the profitability of logistics companies and isn’t the primary cause of failures in the industry, the Motor Transport Directors’ Club was told last month. Speaker John Manners-Bell, chief executive of Transport Intelligence, told the gathering of the most senior people in road transport that there was a high correlation between freight rate increases and fuel price increases – meaning that operators were being successful in passing high costs on to customers. “This […]
CM Downton is opening a new office and warehouse following growth this year.
The haulage industry gave a warm welcome this week to reports that prime minister Boris Johnson is planning to cut fuel duty for the first time in nine years.
Fuel duty is set to be increased next year and will climb each year after that in line with inflation.