Are High Fuel Prices Good for the UK Transport Industry?

Two months ago I wrote that I was starting to think that high fuel prices may be a good thing for the same day courier industry. I’ve revisited my original post in the light of the recent drop in fuel prices, recent statistics about car use and the exit from the business of quite a few less profitable owner-drivers and courier companies and I still stand by my opinions. In fact I’d go as far as to say that I’m a bit disappointed that fuel prices are dropping again so soon.

The effect on the same day courier industry has been largely mirrored, or possibly even magnified, in the transport industry in general.

The RHA and the hauliers are still, of course, bleating about haulage companies going out of business because of high fuel prices. The reality is that the only haulage companies who are suffering because of high fuel prices are those who didn’t have the foresight to tie their customers into contracts with provision Read More…

Posted under Fuel Prices

Posted by Alec at 6:34 pm, August 12, 2008

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