Domestic haulage booms
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GROWTH IN DOMESTIC freight activity is expected to reach a two-year high next quarter.
A third of respondents to the latest Quarterly Transport Activity Survey (QTAS) from the Freight Transport Association said they expect to increase activity levels in the third quarter.
This follows a steady level of growth in the second quarter: one in four respondents said activity levels had increased with only one in eight reporting a fall in business.
Rachel Sheridan-White, FTA economics analyst says: "This is great news... domestic operators continue to pick up business."
But UK international operators expect to see a further loss of market share next quarter due to increasing foreign competition, the strength of sterling and the weakness of UK exports to the EU.