Fleet operators are calling for the industry to pull together to help their businesses survive through the COVID-19 crisis, according to a new report. More than 50 UK commercial fleet companies shared their immediate and longer-term concerns in an independent survey, commissioned by Fleet Source (March 2020). Nearly three-quarters said they feared they may lose their business while there was also a strong feeling that larger companies could be doing more to help smaller contract or franchised hauliers. “We wanted […]
The profitability of the Cartwright group was already on a “downward trajectory” before the advent of the coronavirus pandemic, with margins impacted by loss-making contracts, according to administrators.
Volvo is offering hauliers the opportunity to defer fees for the first three months and take an annual two-month payment holiday in an effort to help them keep fleets rolling.