Air, Business, Freight News, Logistics, Road, Sea

No rise is good news, says freight industry

[ March 25, 2013   //   ]

The Freight Transport Association, while applauding the Chancellor’s decision to cancel September’s planned fuel duty rise, said it was disappointed that he had ignored industry pleas for a cut in duty. In its pre-Budget submission to the Chancellor, FTA called for duty to be reduced by 3 pence per litre.

Peter Quantrill, director general of the British International Freight Association (BIFA) echoed these sentiments. He hoped that scrapping of September’s planned increase was a sign that the government would eliminate fuel duty rises for the rest of this parliament.

He added: “That would go someway to delivering the sort of long term certainty that our association’s members want, but it does not mean that we will stop asking for an outright cut, the introduction of an essential user rebate and some form of fuel duty stabilisation mechanism.”

Quantrill was also cheered by the news that the government will allocate an extra £3billion every year from 2015-2016 to 2020 to infrastructure projects including roads and railways

Tags: , ,