A recent ExxonMobil survey of European fleet managers found 40% of those polled cited continued challenging economic conditions and volatile markets as their biggest business challenges. This makes understanding and minimising the total cost of ownership (TCO) of a truck fleet even more important as competition for available business are likely to keep rates low in the current climate. However, calculating the true TCO of different vehicles can be a complicated task. So ExxonMobil has produced the definitive guide to […]
A petition calling for a full investigation into possible price fixing in the UK road fuels market has generated over 32,000 signatures.
The Office of Fair Trading (OFT) has been branded ‘complacent’ and accused of carrying out a ‘continued whitewash’ after insisting that its study last year of the UK fuel market yielded no credible evidence of any market manipulation.
ARR Craib said that its customer retention has been excellent, despite the fall in the price of oil that led to a significant downturn among its core oil and gas customers resulting in a 9% fall in turnover in its most recent financial year.