Operators’ fears of a driver-shortage-fuelled capacity crisis this Christmas have been backed up by new research revealed today by the Recruitment & Employment Confederation (REC). The quarterly data showed that in September, 21% of employers looking to hire permanent drivers and distribution workers and 23% of those looking to recruit drivers through agencies, expected problems finding qualified staff. Across all industry’s, employers were more worried about filling driver vacancies than any other type of job, with a lack of available […]
Share prices in the industry have not changed dramatically since last week. Most have seen a small increase in value, apart from Stobart, which saw its share value remain static.
The DSA is to work with the industry to develop a revised process for approving Driver CPC training courses.
Are there signs of recovery? Well, if the MT basket of transport shares is anything to go by there has been a little bit of growth in the past month. But this doesn’t tell the full story for all of our big eight transport firms listed on the London Stock Exchange.