FairFuelUK has welcomed news that prime minister Boris Johnson has publicly committed to freezing fuel duty for the 10th successive year. The pressure group represents small businesses and hauliers across the UK and reacted to the news with “a huge sigh of relief as there was no mention of this levy’s future in his manifesto”. However, it warned that operators would be “hit hard” with a tax hike of 16% if Jeremy Corbyn – “the anti-motorist’s Sword of Damocles” – […]
Bibby Distribution has had five MAN TGS LS tractive units converted into dual-fuel trucks using LPG for its work with Unipart Rail, in a move it suggested would save up to £200,000 of fuel and reduce CO2 emissions by 10% over the next five years.
Higher prices for goods and services resulting from the effects of rush-hour congestion on business are costing every UK household around £100 a year, a new report from the Centre for Economics and Business Research (CEBR) has suggested. The report found sitting in congestion was costing the UK’s commuting households around £456 apiece or a combined total of £3.9bn a year, taking both direct and indirect costs into account. The direct costs – essentially additional fuel and lost time – […]
Boughey Distribution parent NWF Group has revealed that its pre-tax profit fell by a third, despite a 16% increase in revenue. Revenue rose to £540.2m for the year-ending 31 May, up from £463.8m 2011. However pre-tax profit dropped to £5.1m, compared to £7.6m in the previous financial year. Chief executive Richard Whiting says: “NWF has delivered a profit in line with the board’s expectations and has been successful in reducing debt further than expected.” Fuel division NWF Fuels continues to […]