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Go for efficiency

27th August 1976
Page 7
Page 7, 27th August 1976 — Go for efficiency
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Which of the following most accurately describes the problem?

White, orange and green papers: in every colour they are tied up in red tape and transport still has to survive in a country that is among the forerunners in the inflation race. Thankfully, we are slowing down.

Last August the rate was 26.9 per cent — in eleven months the Government has slashed this to 12.9 per cent. Better — but not nearly so acceptable as Germany's 4.5 per cent over the same period.

However, the depreciation of sterling has meant that there is now no likelihood of our breaking through the 10 per cent barrier by the end of 1976. But Denis Healey promises a rate "'comparable to those of our competitors'".

So hauliers will have to keep a wary eye on their rates in this context; as a service industry road transport can help to plug the inflation gap by reducing waste. No one would suggest that we are at the end of that road. And CM is one paper that is planning to help small hauliers — that's most of you — do just that and go for prosperity.

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