Jack Richards & Son experienced a strong financial year during 2015, posting a 5.1% boost in turnover and a 16.7% rise in pre-tax profit. However, MD Peter Brown warned the 2016 market would likely prove more challenging to navigate as the driver shortage continued to push up wages and agency costs. “Last year was good, but this year is being more difficult with the prime reason being the driver market. This is very difficult. Wages had to increase, and rightly so, […]
The creators of a new online marketplace that connects temporary drivers with hirers, Driver Exchange (DX), claim it is set to revolutionise the market for agency LGV drivers.
Average truck operating costs have risen by a massive 75% since September 2000 while reported haulage rates were only 23% higher in July 2013 than back then, new cost figures from the RHA have shown.
The chancellor has ignored calls to introduce a training fund to tackle the chronic shortage of HGV drivers in today’s Autumn Statement.