The FTA met with the Treasury last Thursday (5 February) to discuss the real effect the plummeting cost of oil was having on the freight transport sector. Despite lower oil prices benefitting hauliers “to an extent”, the FTA said most operators are not seeing the 53% fall in bulk prices passed on to them because fuel duty, at 57.95ppl, is negating these savings. It added that because oil is traded in dollars, the weaker pound also dampened the effect. However, […]
Wreford Transport in Northampton has bought two new generation MAN TGX 6x2s with GX cabs after being impressed with a demonstrator vehicle.
Haulage firms have welcomed plummeting diesel prices in the wake of the Covid-19 pandemic but said the cost saving is nowhere near enough to underpin their struggling businesses.
The investor that successfully campaigned against DX Group’s former executive team last year has called for Wincanton to sell one of its two divisions after buying a 2% stake in the 3PL.