Wholesale Price Movements & Price Totem
Market & Supply 25
News
XPO Logistics partnership offers ex-military route to driving careers
A new partnership between XPO Logistics and Veterans Into Logistics, will create pathways to employment as truck drivers by helping qualified candidates train for HGV licences and prepare for employment.
Opinion
Former HGV drivers urged to take up funded training to alleviate shortages
With the HGV driver shortage disrupting UK supply chains, Logistics UK is urging former HGV drivers to use government-funded refresher training courses to rejoin the profession.
News
Moves to quell Grangemouth fears after speculation over refinery’s future
Fears are growing for hundreds of jobs as well as energy resilience over reports that the Chinese backer for Grangemouth refinery, one of Scotland’s biggest employers, may appoint restructuring advisers.
Opinion
Logistics operators report escalating costs as fuel prices soar
Sharp increases in fuel costs coupled with global supply chain pressures are resulting in a dramatic escalation in cost for UK logistics companies with the economy affected by the resultant impact on demand.
News
XPO Logistics fuel distribution partnership renewed by Tesco
A multi-year contract renewal to distribute fuel to filling stations throughout the UK has been awarded to XPO Logistics by Tesco plc., extending a partnership that has already run for over 25 years
News
£20million HGV driver facility funding boost for logistics sector
The government’s announcement of an additional £20million to boost HGV driver facilities is a positive step forward for industry, according to Logistics UK but roadside service operators must apply for funding urgently to implement improvements as quickly as possible.
Insight
Rapidly changing oil market creates pricing and supply issues
The industry responds to pricing and supply issues with fuel distributors reporting issues with product availability in a volatile oil price market.
Opinion
Red diesel update: Navigating the evolving fuel landscape
Considering the implication of red diesel rebate changes Niki Holt, head of commercial at Certas Energy, examines the ripple effect of red diesel duty reform as it fuels increased interest in cleaner-burning alternatives.
Market Report
The challenge to achieve energy independence | Apr 2022
As the shocking events in Ukraine continue to unfold, Governments around the world are in an increasing state of panic when it comes to the supply of commodities from Russia...
Wholesale Price Movements & Price Totem
Wholesale Price Movements & Price Totem | Apr 2022
News
Employee feedback delivers £15m fleet investment in driver comfort
Suttons Tankers has announced a £15m investment in its UK fleet as part of its commitment to continuously improve driver working conditions in response to driver feedback.
Opinion
Hydrogen bodies urge government to better support fuel suppliers
The government plan for hydrogen production, announced as part of the Energy Strategy, has been broadly welcomed by the industry although there are concerns that more needs to be done if the UK is to take the lead on this low carbon fuel.
News
Fuel industry addresses ‘minimal and patchy’ supply shortage
The fuel industry has moved to quell suggestions of fuel shortages which could prompt panic-buying in the run-up to Easter as activists continue to block access to terminals and prevent tankers leaving ports.
News
UK’s first in-land HVO fuel terminal launches with Gd+ diesel replacement
Craggs Energy Selects Green Biofuels’ Gd+ HVO for launch of UK’s first in-land HVO fuel terminal to provide drop-in renewable alternative to red and white diesel
News
Keep pace with vehicle technology at vital fleet engineer conference
Fleet engineers can keep pace with rapidly evolving vehicle technology such as autonomous vehicles and fuel cell technology at Logistics UK’s Fleet Engineer conference.
News
Protests create temporary fuel shortages- drivers urged not to panic buy
Drivers urged not to panic buy as protests at major fuel depots continue into a fourth day creating fuel shortages at forecourts in the South East.
News
Vessels delivering Russian diesel are ‘sailing through a loophole’
Amidst fears of diesel shortages a tanker delivered 33,000 tonnes of Russian diesel to a UK port over the weekend despite government-imposed sanctions under which Russian-owned or flagged vessels are now banned from UK ports.
News
Red diesel rebate change – the unwelcome impacts and contradictions
Highlighting the anomalies in fuel pricing a Kent fisherman recently took his boat to his local BP garage to fill it up with white diesel after his red diesel bill nearly doubled.
Opinion
Supply chain expert says globalisation could be reversing
Will the supply chain need to reset to a more localised model to accommodate new market forces and challenges like global warming, decarbonisation and the impacts of global conflicts?
News
Terminal operations suspended due to Just Stop Oil protests
Ten major oil terminals across the UK were blocked today by hundreds of climate activists in protests coordinated by the Just Stop Oil and Extinction Rebellion campaign groups
News
HOYER remains logistics partner of choice for Esso UK delivery
HOYER Gas and Petroleum Logistics Ltd has announced the extension of its contract for the Esso UK delivery business through to June 2029 in an arrangement which extends HOYER’s relationship with Esso to more than 30 years.
News
Bulk liquid storage available through UM Terminals growth plan
UM Terminals is seeking new customers who are looking for bulk liquid storage facilities with the company having available storage opportunities.
Opinion
Warning over red diesel price hike
Government is being urged to rethink plans to hit businesses with a massive hike in fuel tax in the move to end the rebate on red diesel that will come into effect just days after the Chancellor cut fuel duty by 5p a litre.
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