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26th November 2009
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Which of the following most accurately describes the problem?

TBOOR: Most operators still concerned about cash flow

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By Justin Stanton

MOST TRANSPORT operators are worried about cash flow, hut, crucially, have a good relationship with their bank/lender, according to the latest Trucking Britain Out Of Recession (TBOOR) survey.

Asked if they are worried about their business's cash flow, 65% said they were either very or fairly concerned.

However, 68% of the survey respondents described their relationship with their bank/lender as

excellent or good; 18% said fair, while just 5% said poor.

Nearly two-thirds said some or lots of their clients are extending payment terms, further heightening cash flow concerns.

The Christmas volumes forecasts are a little worrying: 11% expect volumes to increase by up to 5% over last year, while another 13% expect volumes will jump 10% or more; 36% expect volumes to be static; and 19% expect volumes to fall by as much as 5%, while 18% anticipate a drop of 10% or more.

Some haulage staff will feel the brunt of this forecast: 15% of respondents said their Christmas party will be a lower-scale event than in previous years, while 27% have cancelled the party entirely. Nevertheless, optimism remains high: 69% are either fairly or very optimistic about the next three months, while 78% are either fairly or very optimistic about the next 12 months: and 89% are confident that their business will survive the recession.

Trucking Britain Out Of Recession is supported by Motor Transport, Truck dE Driver, TruckNetUK and Roadtratzsport.com.

It is also backed by the Road Haulage Association, DAF. MAN, Mercedes-Benz, Michelin, Renault Trucks, Scan ia and Volvo.

Further analysis of the November survey will appear in the next issue of CM.

• The next TBOOR survey will be ready for operators to answer at the beginning of December. To take part, just log on to www. roadtransport.comfbritain (74 FOR THE LATEST NEWS VISIT: WWW.roadtransport.com


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