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Hauliers feel good
Page 12
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• Transport operators are planning to step up their spending on new equipment as the feel-good factor in the sector increases.
That is the conclusion of a report by Lombard Business Finance, which says that nearly two thirds oF transport and distribution companies plan to invest in at least one major asset in the next three months.
This represents a 13% increase since December, and the highest level of investment intentions by the transport operators since the survey started in September 1993.
Of those planning to increase capacity, 24% say they will invest in CVs; 24% in cars; 30% in telecommunications equipment; and 20% in computers.
"Investment confidence in transport and distribution is growing at a time when industry analysts predicted a fall. British businesses are doing it for themselves rather than waiting for the next national boom," says Lombard Business Finance marketing manager Tony Taylor.