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MATTHEW LAMB, managing director, Potter Group
8th January 2009, Page 20
8th January 2009
Page 20
Page 20, 8th January 2009
— MATTHEW LAMB, managing director, Potter Group
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Keywords :
Futures Contract, Business / Finance
The UK logistics market is under enormous economic pressure. In the container market, for instance, the haulage industry has been gearing up for higher growth each year for the past five or six. So, if volumes deteriorate now, there will be overcapacity in the market, with fighting over smaller pieces of business and rates will become more competitive. Many companies will fail. The good news is that efficient operators will continue to work in a constant field of negotiation. It may be helpful that diesel prices are dropping, because the cost of fuel was rising so rapidly the surcharge mechanism was chasing it and margins were being eroded."
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MATTHEW LAMB