Midland Pallet Trucks Calls for Continued Support of Logistics Industry

As the UK government prepares for the Autumn Budget, Midland Pallet Trucks, a leading supplier of material handling equipment, is urging them to consider the vital role logistics plays in the nation’s economic well-being when deciding whether or not to increase fuel duty for the industry.

According to the supplier, a reversal of the current 5 pence per litre cut could stifle economic growth and contribute to rising costs for businesses and consumers alike.

“The logistics sector is the backbone of the UK economy,” says Phil Chesworth, Managing Director at Midland Pallet Trucks. “Every business relies on efficient and affordable movement of goods, particularly at this time of the year when people are ramping up operations in anticipation for the busy holiday period. Fuel represents a significant portion of a haulier’s operating costs, and any increase in fuel duty would have a ripple effect throughout the supply chain.”

Midland Pallet Trucks recognises the government’s need for fiscal responsibility. However, a short-sighted approach to fuel duty could hinder long-term sustainability goals. The supplier believes that higher fuel costs could discourage investment in newer, more fuel-efficient vehicles which will lead to higher fuel consumption and emissions. This goes completely against the Government’s progress towards a cleaner and greener future for the UK.

Known as the go-to provider for pallet trucks, Midland Pallet Trucks, is a trusted partner to many warehouses across the UK and are depended upon to provide high-quality hand pallet trucks, electric trucks, and manual stacker trucks. Their close relationship with customers means they are increasingly aware of how these price rises will affect both their customer’s operations, as well as their own.

Midland Pallet Trucks is calling for a more strategic approach to fuel duty. A dynamic mechanism that considers inflation and tax receipts from VAT on fuel could offer a more sustainable solution. While the government grapples with fuel duty, Midland Pallet Trucks is committed to providing solutions that can help businesses improve their operational efficiency and reduce fuel consumption.

For more information on Midland Pallet Trucks’ range of products, visit https://www.midlandpallettrucks.com