The closure of the Strait of Hormuz amid escalating conflict in 2026 represents one of the most severe shocks to global logistics and supply chains
The logistics sector cannot shoulder the burden of any more tax increases without fuelling inflation and stifling growth across the economy, is the assertion made
The prospect of 18% inflation early in 2023 – as being forecast by economists this week – will put ‘huge pressure’ on fleet managers, FleetCheck is warning.