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ivan burit
Joined: 26 Dec 2006
Posts: 1188
Location: live the life you love, love the life you lead, if that fails, buy a big Harley Davidson.
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amenity
Joined: 22 Nov 2006
Posts: 775
Location: Dovercourt
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 Posted: Wed Jan 30, 2008 2:53 pm Post subject: |
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| I'm definately joining the NIMBY brigade. |
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amenity
Joined: 22 Nov 2006
Posts: 775
Location: Dovercourt
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| Posted: Mon Apr 21, 2008 3:45 pm Post subject: |
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Seeing this Ivan makes you wonder if we'll need the lights soon.
In the UK, for example, the latest freight company to call it a day is Ramage Distribution, a well-known Scottish-based road freight carrier. Last week, management called in accountants KPMG to act as receivers. Some 350 jobs have been lost at depots throughout the country, with just a handful of staff retained to help the company in administration.
The crash of the company comes only months after Ramage reported that its acquisition of Scottish haulier UFD in mid-2007 had "knocked millions off the combined annual overheads of the enlarged operation, almost tripled turnover and left the company primed for expansion in 2008" (Ti Logistics Briefing, News, December 21, 2007). Its subsequent problems have been blamed on rising overheads, mainly fuel.
Such problems are not confined to the UK where at least truckers currently don't have to cope with a major economic slowdown. In the US, truckers are faced with a combination of record oil prices and dropping volumes, particularly in the construction/housing industry. Anecdotally, it is the independent truckers which are facing the worst crisis, being unable to pass on the full costs of fuel to their employers. Fuel surcharges are being dropped as competition for the dwindling number of loads gets increasingly intense.
The airline industry is another major victim. US discount air carrier ATA Airlines Inc recently collapsed, blaming high fuel costs although that situation was made worse when FedEx dropped ATA from a military-charter programme it operates for the Department of Defense.
In total, five US airlines have gone bankrupt in the last two weeks. Champion Air, Skybus, ALOHA Air Group and Frontier Air have all entered some form of administration, with credit lines increasingly difficult to maintain. It is not just in the US where airlines have been driven beyond the brink. Last week, Hong Kong-based OASIS went bust.
There is concern that as airlines attempt to raise prices to make up for the increasing cost of fuel, passenger numbers will fall, thus exacerbating the situation and leading to mounting company failures. This will have a knock-on effect in the air cargo market, with reduced capacity inevitably impacting on freight rates. |
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ivan burit
Joined: 26 Dec 2006
Posts: 1188
Location: live the life you love, love the life you lead, if that fails, buy a big Harley Davidson.
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| Posted: Mon Apr 21, 2008 10:48 pm Post subject: |
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amenity, just to remind you of loony Ken Livinstones Low Emission Zone ruling of non compliant diesel vehilces entering what is basicaly the inside of the whole of the M25 ring road.
ALL VEHILES THAT DO NOT COMPLY are charged £200 per day rising to £1,000 if not paid early enough.
I was in central London today and saw perfectly good vehicles being used, but not new ones.
How can hauliers make a living after paying out £200 a day to drive in, the diesel costs, the running costs, the drivers wages, before actually earning anything out of what it can charge....
Loony Ken only gets his name by what he does.
Goony Ken will get his name after he has gone and forgotton...(along with his loony ideas)
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In truth we seek,In truth we learn,In Tendering,We get neither.. |
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