Significant Decline in Hauliers in The UK Over Recent Times
Recent reports in the transport press have flagged up the significant decline in hauliers in the UK over the last few years – culminating in the highest figures this year.
According to the highly respected Motor Transport and Commercial Motor magazines, data acquired by accountants, Price Bailey, shows a hike in insolvencies over the last few years from 225 in 2020/2021 to 363 in 2021/2022.
The most recent 12-month figure hits an alarming high of 463: a rise of 175% over the two years ending on the 30th September. The problems stem from rapidly rising overheads, particularly in regards to fuel, wages, and interest rate hikes that have impacted the cost of borrowing and operating.
It’s an issue that we at Dawsongroup have been highlighting for many years now, pointing to vital savings that be made when operators switching from a vehicle ownership model to a ‘usership’ model.
In the modern world, no transport business truly needs to own the hardware: just the miles and capacity it brings. We deliver solutions that will facilitate an increased numbers of operators, all without the additional stress of managing servicing, maintenance, inspections, tyres, tax, and MOTs.
It isn’t magic!
It’s simply the sensible use of the right assets through our Smarter Asset Strategy, encompassing contract hire, leasing and rental. Any one of which, or indeed a combination, can immediately start to ease operators’ financial burdens.
Insights provided by James Hunter, Head of Sales at Dawsongroup truck and trailer.
Visit Dawsongroup truck and trailer to find more about our Smarter Asset Strategy solutions and how we can support your business’s operational future in 2024.
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