Pandemic to cost UK hauliers “catastrophic” £7.5bn as bankruptcies loom


 

UK haulage operators are estimated to see £7.5bn wiped off their turnover this year as the “catastrophic impact” of the coronavirus continues, according to the International Road Transport Union (IRU). The turnover loss is 26% higher than estimated in the summer and has prompted the IRU to urge the government for immediate action or else face up to “a shocking number” of bankruptcies in the coming months. The IRU research is an update to its June report on the impact […]