Logistics UK responds to government’s action to keep fuel prices down

 “It is welcome to see the Chancellor and government take decisive action on the issue of rising fuel costs. Concrete action which helps logistics businesses to mitigate the cost of fuel – the single biggest operating cost – is timely and helpful.

“As an industry, our members work at low margins and cannot absorb significant cost rises. Excessive price rises would inevitably be passed on to customers, which means consumers pay more and would increase the cost-of-living challenge. We look forward to a positive outcome from today’s meeting.”