Financial Standing Rates for Transport Operators – 2018
Each year the finance that an HGV or PSV operator must have readily available in order to satisfy its legal obligation to be of “appropriate financial standing” is reviewed.
Each year the finance that an HGV or PSV operator must have readily available in order to satisfy its legal obligation to be of “appropriate financial standing” is reviewed.
The UK government has yet to decide exactly when the UK will part company with the EU and the basis upon which they do so (and whether or not a ‘so-called deal’ is actually done) is still a long way down the road.
Secretary of State for Transport, Chris Grayling has warned that under measures which came into force on 1st March 2017, motorists will face losing their licence if they are caught using their phone whilst driving.
In July 2016, MAN, Volvo/Renault, Daimler, Iveco and DAF admitted to participating in an illegal price fixing cartel which operated to fix prices between 1997 and 2011. Scania is the target of an ongoing investigation.