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Today in Road Transport, 7 May 2008

So TransAction 2007 has set a date for another Park Lane fuel price protest – I wonder what new London mayor Boris Johnson’s take on it will be. At least the change of mayor seems to have been welcomed by the industry.

And talking of fuel prices, it seems more operators are considering ‘hedging’ fuel prices – that is, paying an upfront premium to a financial institution to lock in a rate for a set amount of time.

UPDATE: And a Goldman Sachs analyst is warning that the price of crude oil could hit $200 a barrel by 2010 - in what he (rather alarmingly) calls a "superspike".

Over in the blogs, BigLorryBlog is sharing some photos from the recent Lake Goldsmith vintage and classic commercial rally in Australia, as well as – somewhat closer to home – Truckfest Peterborough 2008. Moving across to the World Trucks Blog, you'll find Oliver Dixon's analysis of ArvinMeritor’s proposed divestment of its LVS business.

Making up the rest of today’s news: well established third-party logistics firms give their backing to multimodal freight movements; M-B’s Sprinter van gains an Electric Sliding Load Door (ESLD) as a £595 option; and Nightfreight presses ahead with expansion of its two-man delivery network despite a “difficult” 2007.

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Comments (1)

TW:

Drive on any road: town, country or motorway. Look at any vehicle: motorcycle, car, van or lorry. And what you will probably see is nose to tail driving, foot hard down on either brake or accelerator. Concern about the price of fuel? Apparently not yet.

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