The Department for International Trade’s publication of a revised list of temporary tariffs on truck imports if the UK leaves the EU without an agreement once again raises the question of the impact of commercial vehicle pricing on haulage operating costs and profitability. A 10% tariff on imported trucks is better than a 22% tariff and highlights the UK’s dependence on imported EU product and the sad demise of UK truck manufacturers. However, a 10% vehicle price rise needs to […]
Brit European Transport is investing in a fleet of 24 new dual-fuel vehicles to service a contract with long-term customer and construction equipment manufacturer JCB. The firm, which has worked with JCB for 15 years, has just signed a new five-year deal with optional two-year extension to distribute finished JCB products from production sites in Staffordshire to dealers and export ports around the country. The dual-fuel trucks, all Mercedes-Benz Actros diesel/compressed natural gas (CNG) 6×2 tractive units, are being brought […]
The UK is due to leave the EU on 31 October. The government is taking steps to help businesses to prepare for Brexit and has drawn up a list of actions logistics operators should be doing for themselves. The government is: Allocating an additional £2.1bn for no-deal Brexit preparations, doubling funding for this year (HMT total funding for Brexit is £6.3 billion). This includes £108m to support businesses to get ready; Creating a £10m Brexit Readiness Fund for trade associations […]
A disorderly Brexit could see the UK logistics sector suffer losses of £6.7bn a year by 2024, according to a report published today (6 March).