The price of fuel continues to dominate the news today, with bulk diesel passing through the £1.05/litre barrier (shockingly, up 39% in just one year). Regarding the next round of protests, the RHA and FTA insist they will not lead Tuesday's Park Lane demonstration despite overwhelming support for such a move from operators, and a group of Scottish hauliers are planning their own go-slow protest in Edinburgh. Unsurprisingly, fuel prices are dominating the discussion among the users of driver forum TruckNet UK, with the possibility of a minimum rate of haulage also coming up for debate.
However it seems that rising costs are not preventing a number of operators from posting strong financial results or expanding their operations. Among this number are Corby-based RCS Logistics, which has returned to profitability after two years of losses and is in discussion with two potential acquisition targets; Davies Turner, which is opening a multi-million-pound extension to its Bristol hub; Eddie Stobart, which is looking to launch another six train services this year for retailer Tesco; and airfreight specialist Circle Express, which has won a £12m, three-year contract with Panalpina World Transport.
However it seems that rising costs are not preventing a number of operators from posting strong financial results or expanding their operations. Among this number are Corby-based RCS Logistics, which has returned to profitability after two years of losses and is in discussion with two potential acquisition targets; Davies Turner, which is opening a multi-million-pound extension to its Bristol hub; Eddie Stobart, which is looking to launch another six train services this year for retailer Tesco; and airfreight specialist Circle Express, which has won a £12m, three-year contract with Panalpina World Transport.