Economic pause for transport
Page 36
If you've noticed an error in this article please click here to report it so we can fix it.
THE PROSPECT of an incr vehicle licence fees is mentione economic forecast just prepare large transport group. Pointing the device of increasing fuel tax 1 last year enabled the haulage ind escape these higher costs, the rep that in 1975 extra fuel tax for operators may be avoided "but licence fees remain a prime ca for an increase".
The report suggests there w slight net decrease in industrial tion this year and that the dem; general haulage and container c will fall. The long-term decline small freight and parcels se, expected to continue, while cc tion will become even more sev, year, with increasing pressure gins.
A high rate of inflation categories of cost is anticipat, year, not least in areas not direcl cerned with transport such E authority rates.
While general haulage has be to recoup cost increases by ra creases in the past year, this is eN to become increasingly difficult forecast concludes that 1975 will be a difficult year for general hE Contact hire, on the other hat fare better and the market is ex pe remain steady for the next 12 IT new opportunities are expec, develop in specialized distributi, vices. Tank haulage may see a upturn in demand but there is ex to be some over-capacity in the sp market. Heavy haulage is expec remain buoyant, since although trial investment in general is capital is going into the oil and cals industry and North Se developments are helping as well. improvement in the removals bi also is expected.
International road haulage has been slowed by the very low ir of economic activity in the Corm but some gradual relfation is fore 1975-6, so that there should bear increase in the level of trade with EEC countries, and some reduc, the imbalance between eastbour westbound traffic.