Survey reveals confidence amongst road transport businesses has dropped

December 9, 2010
Filed under: Financial,Industry News — 'The HGV Newsbot' @ 10:23 am

According to a new survey by financial and business advisor Grant Thornton, confidence amongst businesses in the road transport industry fell to its lowest level this year. This is despite predictions that 2011 will bring a surge in profit and turnover for the sector. Grant Thornton’s survey, a quarterly report called the UK Business Confidence [...]

The effects of the budget on the HGV driving industry

June 27, 2010
Filed under: Financial,Industry News — 'The HGV Newsbot' @ 3:50 pm

There were fears in the haulage industry that petrol prices were set to rise even further following the recently announced budget. But HGV driving companies all across the country breathed a sigh of relief as the true facts of the budget were revealed. The strict budget was designed to help cut Britain’s rising debt but [...]

Price rise in various sectors of haulage industry

December 24, 2009
Filed under: Financial — 'The HGV Newsbot' @ 5:00 pm

According to the RHA Cost Movement Survey of 2009, there has been a major increase in costs in many sectors. They said that, overheads costs are one of the factors which have been overlooked by the companies that run transport vehicles. The cost centre as opposed to profit centre rose to 8.1% when administration costs [...]

FTA: less carbon should imply less duty

December 11, 2009
Filed under: Financial — 'The HGV Newsbot' @ 2:40 pm

The Freight Transport Association (FTA), in its pre-Budget report submission to the government, states that HGVs / LGVs which achieve the smallest carbon dioxide emissions should pay a smaller amount of fuel duty. Both the Road Haulage Association (RHA) and the Freight Transport Association (FTA) issued its wishlist for the pre-Budget report in the last [...]

FTA joins calls to halt the fuel duty rise

December 9, 2009
Filed under: Financial — 'The HGV Newsbot' @ 4:43 pm

The FTA has recently joined the RHA to request the government to discard its intended above-inflation rise in fuel duty in its submission prior to the pre-Budget statement. Simon Chapman, the chief economist for the FTA, dismisses the government’s planning for the fuel duty escalator as “green tax”, saying that it is nothing more than [...]

Buses change – but HGV / LGV stay the same

November 19, 2009
Filed under: Financial,Products — 'The HGV Newsbot' @ 10:43 am

Today saw the removal of the first ‘bendy-buses’ from London’s streets. Buses on the 38 route from Hackney to Victoria were replaced with traditional double-deckers. A recent survey put the bendy-buses (introduced by former Mayor Ken Livingstone) at the top of the list for causing ‘traffic chaos’ in the city. The 25m long buses often [...]

Scheme for toll fees at Humber Bridge is still undecided

November 7, 2009
Filed under: Financial — 'The HGV Newsbot' @ 12:22 pm

Although the Government has already awarded more than £6 million to the operator of the Humber Bridge, the toll charges at this bridge will not be increased for at least another 18 months. Sadiq Khan, the transport minister, said that this money will help the board of Humber Bridge to install a dehumidification system which [...]

Certify yourself as an HGV driver

August 26, 2009
Filed under: Financial — 'The HGV Newsbot' @ 3:54 pm

The majority of people find themselves in the dilemma of understanding the concept of HGV training when they opt for a career in the HGV/LGV industry. The HGV training for its certification basically lasts for two to four days, depending upon the driving experience of the candidate and the type of HGV/LGV licence they want [...]

Mercedes-Benz can weather economic storm

November 30, 2008
Filed under: Financial — 'The HGV Newsbot' @ 2:22 pm

As the HGV manufacturing industry battens down the hatches, ready for a rough ride in 2009, the world’s largest supplier of HGVs, Daimler, is more than confident that the Mercedes-Benz brand is well placed to survive the downturn. Nevertheless, despite numerous reports that the group’s luxury car division is facing the possibility of severe job [...]

Research shows oil additive boosts economy

November 28, 2008
Filed under: Financial — 'The HGV Newsbot' @ 10:46 am

Recent studies have shown that oil additive can undoubtedly boost UK’s fuel economy. For instance, a HGV has recorded a 10.8% improvement in fuel economy after using a new engine oil additive. Moreover, as part of a recent survey conducted at the Warwickshire Test Track (MIRA), the BORPower product (from Nano Boron) was added to [...]

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