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 […]
The FTA’s Logistics Carbon Reduction Scheme (LCRS) has welcomed its 100th member, with construction plant hire firm Rawley Plant joins up to the initiative.
The government has pulled the plug on the planned lorry park in Stanford West, which was selected as a solution to the chronic congestion caused by Operation Stack.
Logistics and manufacturing associations have warned that Tata’s decision to sell off its steel operation in the UK will have major repercussions on the wider economy unless a buyer is found.