Our report into the UK Road Haulage sector finances published last month described a shrinking industry with a deteriorating financial risk profile as well as a wide range of challenges, few of which have eased over recent years. In this article, we look at some of the practical challenges faced by this market and the current impact. Managing increasing demands
The UK road haulage industry has been battling with significant driver shortages for decades. The crisis peaked in 2021 during the pandemic when the Road Haulage Association (RHA) reported a staggering shortfall of over 100,000 qualified HGV drivers. The situation has eased with the latest estimates suggesting the shortage could be down to around 50,000, but the crisis is far
Most sectors of the economy and the public in general are at the mercy of the increasingly poor state of the UK’s infrastructure, but few industries suffer more than the road hauliers as they battle to navigate crumbling roads, attempting to be as efficient and cost-effective as possible. Adverse commercial impacts from poor infrastructure The commercial issues for the industry
