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Nov 16, 2006

International Study - UK - Reveals Major Trucking Industry Pressures

Survey across UK, Canada, France and the US highlights differing challenges

London,England,UK -Business Wire -Nov 15, 2006: -- Over 85% of the UK’s trucking industry leaders believe that current fuel prices are placing their business at risk, according to an international survey of 1,200 trucking industry leaders in the UK, France, US and Canada... The survey, commissioned by GE Capital Solutions - a leading global provider of financing for the commercial trucking industry - also revealed a serious driver shortage in the UK. Half of all UK trucking business leaders state a low availability of drivers, which could impact usual delivery times of goods by over 20%... The impact of fuel prices appears to be affecting the UK more severely than other markets such as USA, France and Canada, according to the survey: * 85% of UK leaders believe that fuel price is putting their business at risk, only 70% of international trucking business leaders feel the same way... * 92% of the UK respondents thought that fuel price is likely to increase over the next year...

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