Summary
Pressures from two different directions are combining to paint an alarming picture for the road transport industry in 2005.
The application of the Working Time Directive to transport in March will cost over (pounds) 1bn and a loss of productivity of almost 10%. These operational and cost problems are now compounded by the major increases we have seen in world oil prices. Since January the cost of fuel for a maximum-weight 44-tonne articulated lorry has risen by almost (pounds) 1900 to a massive (pounds) 29,225 per year. And there is more pain to come as the higher prices filter through.See the full content of this document
Extract
Alarming Costs for the Road Transport Industry
Our economy and our ...
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