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€9,000 for the first vehicle and €5,000 for each subsequent vehicle. For non-Eurozone member states, including the UK, the exchange rate is set on the first working day of October and applied for the following calendar year from January 1. The Office of the Traffic Commissioner is set to announce the official rates for financial standing in 2018 in the coming weeks. A sharp rise in the strength of the pound in September has spared the freight and logistics industry a further hike...
Uncertainty around Brexit, compounded by fluctuating exchange rates, is forcing manufacturers and retailers to increase costs which is squeezing the margins of UK haulage operators, says the Road Haulage Association.
Rail freight operator DB Cargo UK and steel and mining company ArcelorMittal has launched a trial service moving steel coil by rail from the Port of Boston to Wolverhampton.
Campaign for Better Transport has welcomed increased capacity for freight trains from Felixstowe which will cater for the immediate suppressed demand for rail freight services.
A report released by the Department for Transport shows that longer semi-trailers continue to make a significant contribution towards reducing HGV miles, with subsequent environmental benefits, and have a better safety record than standard HGVs.