Warning for Couriers over Fuel Prices

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Transport Exchange Group (http://www.courierexchange.com ) is warning courier companies about the soaring increase in fuel prices that threatens to erode their profits.

Courier companies are finding themselves having to work harder and faster because of soaring fuel prices. “The coming year is going to be extremely difficult for transport companies” warns Lyall Cresswell, Managing Director of the Transport Exchange Group.

Couriers in the United Kingdom could find themselves among the worst hit in the world, as the United Kingdom has the second highest diesel prices in Europe. This means that businesses in the UK are already facing enormous pressure on their bottom lines and this looks set to get even worse with the budget looming.

Although the Chancellor, George Osborne had proposed a Fair Fuel Stabiliser tax, this has been put on the backburner by the new coalition government. Despite the fact the Transport Secretary, Philip Hammond had promised to consult the pledge to end the war on motorists; this promise didn’t appear in the coalition’s programme for government, which was published last Tuesday.

Mr Cresswell believes that couriers are left with few options but to look long and hard at how efficient their operations are, in order to make every mile count. Lyall states that this relentless drive for efficiency is fuelling a surge in popularity of exchanges such as Haulage Exchange and Courier Exchange, both run by TEG.

“By using an exchange, members can wave goodbye to the days of trucks running half-full or even empty on return journeys,” said Mr Cresswell. “It helps protect their bottom line.

Members of Haulage Exchange, TEG’s sophisticated online platform for vehicles of 7.5 tonnes and above, are alerted by text or email whenever a suitable load or journey that matches their requirements is posted on the Exchange.

Essentially, using an exchange helps members to keep customers happy by providing a trustworthy solution if a customer comes along with an extra job when all their own fleet is committed elsewhere.

“I am firmly convinced that 2010 is the Year of the Exchange” states Lyall, as the year sees the many pressures on transport companies intensify.”

About The Transport Exchange Group

With offices in London and Nottingham, The Transport Exchange Group operates two of the largest haulage exchanges in Great Britain. Courier Exchange (http://www.courierexchange.co.uk), is the UK’s biggest exchange for express and same day movements and is now in its ninth year of trading, while its sister site, Haulage Exchange (http://www.haulageexchange.co.uk) is one of the UK’s leading independent haulage exchanges for the 7.5 Tonne market and beyond.

Membership of the exchange is limited to accredited transport professionals, and offers them the chance to buy and sell domestic and international road transport industry services such as full loads, backloads, return loads, freight forwarding, and road haulage.

For further information contact Century Public Relations (Tel: 024 7622 8881).

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Frank Orman

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