Anyone looking for insight into what Brexit holds for the economy of the United Kingdom should definitely not read the Department for Exiting the European Union Sectoral Analyses. Those familiar with road transport industry will find little to further educate the way they run their business, or respond to challenges in the sector. Report number 33, the ‘Road Haulage and Passenger Transport Sector Report’ avoids any kind of plot twist in its cold open: “Haulage companies range from large logistics […]
Leaving the EU without a deal would be “absolutely dreadful” for truck makers and buyers alike, making new vehicle acquisition prohibitively expensive, according to manufacturers.
A transport lawyer has warned that there could be a reduction in demand for international haulage and logistics if the UK votes to leave the EU on Thursday.
Palletways has said a departure from the EU will inevitably create “new challenges” for the industry and the network, in the wake of the UK’s decision to end their membership.