The turbulent economic situation in the UK and across many parts of the world has made it increasingly difficult for companies, including those in the transport and logistics [Transport and Logistics] sector, to operate profitably. Of course, the increased pressures on businesses are heightened by the fact that customers are also driving prices down. Gross Domestic Product has shown only modest levels of growth as firms have remained uncertain about their, as well as the nation's, prospects for growth in the future.
Public transport is relied upon by people across the UK, with buses being the mode that is most often used by Britons. Bus companies would be among those impacted if inappropriate public sector spending cuts [Public Sector Spending Cuts] were introduced, potentially causing issues for everyone from school children to workers. A reduction in services is something that the Campaign for Better Transport is in place to try and prevent, with numerous organisations having lent support to its cause. However, emergency services will also be hit by cuts leaving them in a challenging situation of needing to maintain standards and lower expenses.
The scientific validity of humans' impact on climate change has been debated in the past, but it is now widely accepted that action needs to be taken to minimise the impact harmful emissions can have. So for those in the transport and logistics sector - including bus and coach [Bus and Coach] operators - fleet carbon footprint has become an increasingly important issue.
Fuel prices have long been a controversial issue in the UK, with duty increases impacting consumers and businesses alike. For fleet operators, any rise in product cost or tax can have a significant effect on the bottom line, because fuel can account for as much as 40 per cent of fleet running costs.