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TRUCKING INDUSTRY NEWS * UK
* Scrap Plan For Fuel Duty Rise - FTA Budget Submission
London,UK -TNN -25 Feb 2008: -- The Freight Transport Association has told the Chancellor of the Exchequer that his Budget must abandon plans for a 2p per litre increase in fuel duty from 1 April... FTA says that with the world price of oil now exceeding $100 per barrel, and forecast to rise further throughout the spring and summer, the imposition of a further cost increase will result in severe problems for both the UK transport industry and for all industrial users of transport, together with price rises for consumers...* Minimum 10% Fuel Savings from University Based Company
London,UK -Transport News Network -25 Feb 2008: -- Over the last 12 months Oil Drum Limited, a renewable energy company, have been working closely with the University of Kent in the development of a fuel saving device for medium/large sized commercial vehicles... Unlike other alternative fuel based technologies, Oil Drum's hydrogen technology works in conjunction with the vehicles existing engine and fuel... No engine modifications or external power sources are required, and the unit can be retro fitted to any vehicle, so the customer can continue to use their exisitng engine and fuel...Labels: trucking industry news UK
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