From 1 January, standard O-licence holders will be required to demonstrate an increased level of financial facilities, after the drop in the value of value of the pound following the EU referendum. Both new applicants and existing operators will be required to demonstrate £7,950 (previously £7,850) for the first HGV and £4,400 (previously £4,350) for each additional vehicle they wish to be added to their O-licence. The financial standing requirement for restricted O-licence holders will remain the same at £3,100 […]
The FTA has urged the government not to enforce driving licence checks once paper counterparts are abolished on 8 June, as the proposed online replacement is still not a viable alternative for fleet operators.
Haulage rates continued to stagnate during the first half of the year, new data from the Office for National Statistics (ONS) have suggested.
New legislation on cross-border haulage has been given royal assent as the government makes preparations for the UK’s departure from the EU next year.