In this our biggest issue of the year, you can read all about who won what and why at our recent Export & Freight Transport & Logistics awards; we have a comprehensive supplement looking back on what was another record-breaking event. A big congratulations to all our winners, and to everyone, including our loyal sponsors, who supported the awards, without whom it would not be possible.
The recent Budget brought some relatively good news to the transport industry; more money to be spent on the roads network, and fuel duty frozen for the ninth successive year, with tax remaining capped at 57.95p per litre. Even so, this year, according to the RAC, has seen the fastest increase in diesel prices since 1990. As FairFuel UK says, “why is it, the whole of the developed world puts lower fuel duty onto diesel and therefore is always cheaper than petrol? Those administrations, unlike here in the UK, recognise the commercial heartbeat of the economy is haulage and distribution.”
Our 57.95p per litre in fuel duty level towers over Australia’s 21p and the US’s at 10.4p per litre. Some 98% of our economy is delivered by truck, so like we said, the ‘good news’ from the Budget is only relative.
Brexit, of course, remains another challenge, but that said, resilience dominates business thinking and planning where trade and the movement of goods are concerned, according to a new report just published. The Logistics Update, launched by the Freight Transport Association in partnership with Santander, polled the opinions of more than 370 freight and logistics businesses operating in the UK and internationally, to provide industry insight into the latest political and economic developments. Despite a challenging economic climate, the future looks more positive with a predicted 1.6 per cent growth in GDP in 2019, and three quarters of logistics companies are confident their business will grow over the next three years.
So, what have we got in this edition? More details on the new Mercedes-Benz Actros, a report on DAF’s ‘Fleet Truck of the Year,’ the XF, plus a round-up of what was on show at the recent IAA exhibition in Germany, and test drives in Toyota’s Proace and Isuzu’s D-Max Yukon pick-up, as well as a look back at SDC Trailer’s 40 years in business, and we also hear from furniture logistics specialist W.S.Dennison, who’ll be celebrating their 40th anniversary in 2019.
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download the Nov-Dec 2018 issue of Export and Freight Magazine.