Operators due to appear at public inquiries are urged to review their financial standing requirements in light of the Covid-19 pandemic, following cases in which firms struggled to demonstrate compliance before the traffic commissioner. Laura Hadzik, Backhouse Jones solicitor, said it had become “increasingly apparent” that many hauliers could not demonstrate they were meeting financial standing and were falling foul of their regulatory requirements at PIs. Hadzik said: “It’s a mandatory requirement throughout the lifetime of your licence, and it’s […]
From 1 January, standard O-licence holders will be required to demonstrate an increased level of financial facilities, after the drop in the value of value of the pound following the EU referendum.
Dartford-based independent HGV rental company Truckfast Truckserve is being wound up after liquidators were appointed to the firm.