Grant for costs exercise
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• Time spent by hauliers' staffs in compiling the information required for the Road Haulage Association's new cost and productivity scheme (called CAPS) will qualify for a grant from the RTITB. In a week or two, about 1,500 members of the RHA who operate 10 or more vehicles on long-distance, agricultural, tipping or general haulage will be invited to join the scheme. The intention is to provide cost and profitability measurements and to make inter-firm comparisons. The objective is
to improve efficiency and to help hauliers obtain realistic rates.
Two sets of reports will be produced each year; the first (available only to the Association) will show how and why costs and profitability have changed from year to year. The second will be an inter-firm comparison, by type of work, which will be available only to the participants and only in the form of ratios under anonymous code numbers.