A hard Brexit could result in a shortage of both trucks and labour in the freight industry, according to the Chartered Institute of Logistics and Transport (CILT). The warning comes in the CILT’s response to the Transport Select Committee’s Freight and Brexit inquiry, which considers the impact of a hard Brexit. The institute warned that if Brexit results in the withdrawal of cabotage rights, the estimated 16,000 to 20,000 foreign trucks currently operating on UK roads would no longer be […]
The transport secretary promised industry leaders last week that he is working hard to address the chronic shortfall in European Conference of Ministers of Transport (ECMT) permits, which are vital to hauliers in the event of a no-deal Brexit.
Despite the continuing uncertainty over the UK economy and the future of foreign drivers post-Brexit, confidence amongst UK’s logistics businesses has risen from the historic low registered in the first half of 2016, according to a new survey. Although the latest UK Logistics Confidence Index from Barclays and Moore Stephens, remained depressed at 53 in the second half of 2016, compared with the high point two years ago of 71.4, it is at least up from the 51.8 low seen […]
Maxi Haulage has delivered one of its largest pre-tax profits in the firm’s history, despite a “difficult and competitive” environment.