Bolton haulage boss says fuel companies are ‘ripping us off’
Petrol companies are profiting double the amount than they were in 2019 and triple the amount they were before the first Covid lockdown, research suggests.
Petrol companies are profiting double the amount than they were in 2019 and triple the amount they were before the first Covid lockdown, research suggests.
Since March, the UK haulage market has felt the pain of soaring fuel costs. Driven by the surge in the price of oil, propelled by global factors such as the war in Ukraine as well as increased global demand.
Millions of people across the UK will be encouraged to kickstart a rewarding career in logistics, with the government unveiling a multimillion-pound new plan to bolster the supply chain and create a more resilient and greener haulage sector.
Diesel & Petrol continued to rise this week, amid calls from the industry for the government to step in. In what was the biggest daily jump in 17 years, diesel rose to 186.57ppl. Some forecourts on Wednesday were selling fuel for more that £2ppl.
ollowing weeks of protracted Covid 19 lockdowns, the major Chinese ports have resumed operations. Although some ports have been operating throughout the lockdowns, they have been operating at reduced capacity owing to restrictions on local supply chains.
Logistics UK has urged the government to provide clarity on the route to net zero for the logistics industry, in a recently
Research conducted by the RAC has suggested that many fuel retailers have not passed on the 5ppl fuel duty reduction onto consumers. As the country battles the highest diesel prices ever seen, the analysis has indicated retailers’ margins were 4ppl higher in April than they were in March.
Swedish truck and bus manufacturer Scania has released it preliminary financial report covering the first 3 months of the year. The results have been characterized by volatility in global markets exemplified by global economic factors.
Marketreports.info has released a report titled Global Road Haulage Market that includes industry growth factors for the projected period of 2022-2030.