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TRUCKING MARKETS * Europe
* UK - Might 2013 mark a transport turning point?
London,EN,UK -Transport Engineer -6 Feb 2013: -- Things may be looking up for transport. According to industry analyst Plimsoll Publishing, operators in the UK can expect to see significant growth during 2013 – substantially up on the previous 12 months... Its latest market report, which looks into the financial performance of the UK's largest 1,000 hauliers, forecasts average growth as high as 7%, compared with 4.5% last year. Indeed, for the highest fliers (an elite band of 241 operators) that figure looks more like a mind-blowing 25%, as their work to improve productivity and cut costs comes to fruition... How much of that growth filters down to alleviate seriously squeezed – and arguably unsustainably low – margins remains to be seen. However, Plimsoll chief analyst, David Pattison, is upbeat, insisting that growth will start to spread throughout the market in 2013 and that the bottom line will be a beneficiary...
Labels: trucking markets prognosis
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