Operators remain optimistic about their business performance in the next 12 months, new research has revealed, with nearly half expecting a degree of upturn compared with 2020: 16% believe things will be “significantly better” and 30% “slightly better”.
Just under a quarter of operators believed they would fare the same in terms of performance, while 22% were expecting a slightly worse or signicantly worse year ahead.
Whilst resilience remains high for the sector, the ‘Asset Alliance Group Industry Monitor 2021’, also highlights a more modest ambition when it comes to the amount of company uplift.
Of those operators expecting business growth, one-third predicted this to be between 0.1% and 4.9% and a further 36% put it between 5% and 9.9%.
At the more ambitious end of the scale, 9% expected to grow at a level above 20%.
Free to download, the ‘Asset Alliance Group Industry Monitor 2021’, complied in partnership with Motor Transport and Commercial Motor, comprises a 625-strong respondent base and provides a robust insight into the decisions made by UK operators.
A must-read for all fleet operators, it provides analysis of key challenges – such as urban regulations, the national driver shortage and truck crime – and gauges the impact they are having on business of all sizes.