Haulage firms have welcomed plummeting diesel prices in the wake of the Covid-19 pandemic but said the cost saving is nowhere near enough to underpin their struggling businesses. A stand-off between Russia and OPEC, combined with a global oil surplus as lockdowns drastically cut fuel demand has meant prices are lower than they have been for years. Last month West Texas Intermediate (WTI) crude oil closed trading at a price of $US-37.63 having recovered from a record low of $US-40.32. […]
Dartford-based Europa Road has launched a new customs product designed to minimise post-Brexit transit time delays.
Campaign group FairFuelUK (FFUK) has made a fresh call for the Chancellor to scrap January’s planned 3ppl rise in fuel duty, after figures from the Department of Energy and Climate Change (DECC) showed a sharp fall in fuel consumption. Sales of transport fuels fell 6.3% in the second quarter compared to the same period in 2011, made up of a 10.6% fall in petrol deliveries and a 1.6% fall in diesel deliveries. In all, some 6.2 billion litres of diesel […]
Operators will be kicked off the 10-year trial of longer semi-trailers (LST) if they attempt to sell their allocation, the DfT has warned after at least one participant tried just that. In a letter sent to trial participants this summer seen by MT.co.uk, former transport minister Mike Penning said he was pleased with the progress operators in the trial had made, but was concerned that companies were considering putting their longer semi-trailers allocation up for sale. Penning wrote on the […]