The level of financial standing standard O-licence holders will have to demonstrate is likely to increase in 2017, due to the drop in the value of the pound against the euro. The FTA estimated that the financial standing rate will increase by around 15% from 1 January, taking it from £6,650 to £7,800 for the first vehicle, and from £3,700 to £4,300 for each additional vehicle. Under EU law, the rate is set at €9,000 for the first vehicle and €5,000 for subsequent […]
A proposed congestion charge on HGVs using the Port of Dover has been met with “incredulity” by the trade associations, which warned such a charge could jeopardise British trading relationships.
Industry bodies are to collaborate on a new joint initiative to promote the road haulage industry, with a focus on improving its public image and attracting more employees.
The FTA and RHA have welcomed the HGV Road User Levy Act, which became law yesterday (28 February).