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. […]
Elddis Transport is focusing on efficiency with new trucks and trailers in a bid to mitigate the effect of the rising price of fuel.
UK engineering firm Penso has delivered its first Blue Ocean home delivery pods, with launch customer Asda taking an initial order for 25 units.
The government is insisting its plans to build a lorry park outside Ashford, Kent ahead of Brexit are not a repeat of its Stanford West lorry park project.