With global oil prices dominating the news, Triscan was delighted to host the Chartered Institute of Logistics and Transport North West Region’s latest event – Fuel Hedging, Improve Control of Your Fuel Costs.
Following a hectic day of transport related news in which pump price speculation mounted and fuel duty came under ever increasing scrutiny, Lancashire Group members got on with business. The topic of the moment was too obvious to ignore for attendees of the event.
Triscan Marketing Director Barry McLeod said “One could be forgiven for thinking that things have never been so bad and when it comes to fuel costs and related issues they probably haven’t. Despite new energy and technology developments, oil is where it is at for the next decade at least and we need to find some way of ensuring that we are using it in the most efficient manner – unfortunately many businesses are not”.
The CILT seminar was held just 24 hours before the Freight Transport Association sent out a members update on the FairFuelUK campaign which will hand in a petition at No 10 Downing Street calling for a freeze in fuel duty and stabilisation of fuel prices. The petition currently contains over80,000 signatures and the campaign organisers, headed by TV motoring journalist Quentin Wilson, are hoping that this will top 120,000 before they visit Downing Street on Wednesday (2nd March).
Triscan Systems is firmly behind the campaign. The debate created by the CILT event, before during and after the presentations, illustrated the strength of feeling that exists both commercially and personally for people in the industry.
Barry continued “The CILT event which also involved Keven Ledwith from Yorkshire Bank was timely; the double whammy of continuing uncertainty in world oil markets and the proposed increase of a further 5p a litre on fuel duty rates on 1 April is no joke. We will however continue to assist businesses in getting to grips with their fuel use and with identifying initiatives to mitigate at some of the control and waste issues that they may have”.