The results are in from our annual Industry Monitor and, as it always does, the survey presents us with some interesting insights into the health of the sector, as well as the challenges faced by those at the coalface of the road transport business.
This is the seventh issue of the report, and we are once again delighted to see so many senior leaders and executives from across the industry offer their feedback.
It can’t be ignored that the past few years have been some of the most difficult for the transport industry for decades, with the added challenges presented by last autumn’s Budget. Perhaps unsurprisingly, the latest iteration of the Industry Monitor tells us that many businesses are expecting a tricky 12 months ahead.
Key findings include:
- Rising costs and falling profit margins are the biggest threat over the coming year for 85%
- More companies than in 2024 or 2023 expect a significant downturn to their business
- However, 31% expect their business performance to remain the same as last year
- 31% expect a slight improvement in their business performance
- More than two thirds (67%) said the hike in National Insurance will impact both recruitment and wider investment
Other issues explored in the report include the impact of the rise in insurance premiums; what is likely to happen to vehicle sales in the year ahead; the decarbonisation journeys already underway; and the challenges presented by a lack of charging infrastructure.
You can read the full report on the link below, we hope you find it useful.
Willie Paterson
CEO, Asset Alliance Group
Download your copy of the Industry Monitor 2025
