Transport firms urge government to act as rising petrol and diesel prices threaten profitability
Graham Watson's insight:
A snapshot of the transport sector and the impact of higher fuel prices. It seems that at the moment bus, haulage and specialist transport companies are back where they were during the pandemic.
Petrol problems are "virtually over" in Scotland, northern England, and the Midlands, say retailers.
Graham Watson's insight:
The crowd are not on the pitch. No-one thinks it's all over.
However, for large swathes of the country, the fuel crisis appears to have eased, just not in the South-East. I'm sure that the other regions send their sympathies.
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Boris Johnson says the slow take up of visa for fuel drivers illustrates the problem of shortages globally.
Graham Watson's insight:
The Prime Minister has spoken on BBC Breakfast about the shortage of HGV drivers and the low take-up of temporary visas for fuel drivers. It's a fascinating exercise in avoiding stating the obvious, but I'm disappointed that his reply wasn't seized upon.
"Imagine the UK has been in deep freeze and the pipes are unfreezing right now - stresses and strain of the economy waking up," said the Prime Minister. Ironically, the only thing that I can think of seeking the 'deep freeze' in the recent past has been him trying to avoid speaking to Piers Morgan on GMB.
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Industry body the PRA says more than a quarter of its members' petrol stations have no fuel.
Graham Watson's insight:
So, we've now entered that moment when there's discussion of who's telling the truth or not, with the Chairman of the Petrol Retailers Association suggesting that 1 in 4 petrol stations still have no fuel, and that, contrary to the government view, the situation has scarcely changed.
Still, we'll soon have 150 extra army tanker drivers added to the fleet, so this problem and the consequences that it has for Britain's supply chain are as good as fixed.
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Boris Johnson says the fuel situation is "improving" as about 150 military tanker drivers begin training.
Graham Watson's insight:
The words "Prime Minister" and "reassures" shouldn't appear in the same sentence - have they learnt nothing yet? However, it seems that 150 army tanker drivers are the solution to the HGV driver shortage, and, by definition, current supply chain issues.
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A snapshot of the transport sector and the impact of higher fuel prices. It seems that at the moment bus, haulage and specialist transport companies are back where they were during the pandemic.