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Transport sector overlooked, but offers strong fundamentals

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It is what gets the shelves stacked in our shops, delivers that birthday present to your niece, and is the gasoline in the tank that drives the UK economy. However, it has been a challenging period for the transport and logistics sector having to deal with the dual roadblocks of Brexit and the Coronavirus pandemic over the past few years.

This week we start a series on the Transport and Logistics sector by looking at the road haulage industry and will in future iterations examine the Rail, Courier and Marine sub-sectors.

A shortage of Heavy Goods Vehicle (HGV) drivers in 2021 caused major disruption across the country, which had a knock-on effect to ports, rail and passenger transport. This shortage was in part a reaction to UK leaving the EU after Brexit. Last week, we discussed the effect both Covid-19 and Brexit had on the construction sector, and many of the problems that builders experienced over the last few years was also felt by trucking companies.


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