Diesel prices look set to soar as Brent Crude climbed to $95 a barrel today (19 September), its highest level for 10 months. The rise follows a warning by the International Energy Agency (IEA) that a production cut by Saudi Arabia and Russia would result in a “significant supply shortfall”. The latest RAC Fuel Watch […]
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The Transport Exchange Group (TEG) is warning that operators will face higher costs with the return of the HGV levy and the expansion of ULEZ, which could see them raise their prices. However this may be offset by the impact of the government’s anti-ULEZ stance, following the Tories narrow win in the Uxbridge and South […]
The Competition and Markets Authority (CMA) is to launch an indepth investigation into fuel refinery prices after raising concerns about the gap between the price of crude oil when it enters refineries, and the wholesale price when it leaves refineries as petrol or diesel.
Elddis Transport (Consett) boosted turnover by nearly £4m in 2022 despite the fallout from the economic impact of the Ukraine War. According to its latest financial results for the year to 31 December 2022, revenue leapt by almost £4m to £32.7m (2021: £28.8m) whilst the company’s pre-tax profit fell by £478,000, from £1.1m in 2021 […]