"The number of haulage companies going bust has almost doubled in the five years since Brexit, with 2,051 companies failing between 2021 and 2025."
"Concerns over spiraling prices and shortages are rising due to the Iran war, which has caused oil prices to soar."
"The Road Haulage Association has warned that 80 percent of operators expect a decrease in business as they adapt to the full enforcement of the EU's Entry-Exit System."
The insolvency of haulage companies has nearly doubled since Brexit, with 2,051 companies going bust from 2021 to 2025. This is a significant increase from 1,068 in the previous five years. Concerns are growing over supply chain disruptions and rising food prices, exacerbated by the Iran war and soaring oil prices. The Road Haulage Association warns that 80 percent of operators anticipate a decrease in business due to the EU's Entry-Exit System, which is expected to worsen the situation in the coming months.
Read at www.independent.co.uk
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