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<p>In 2023 in the UK, 494 companies with a SIC code 49410 - Freight Transport by Road - entered insolvency.</p><p>At Autumn Statement 2023, the Government announced continuing support for haulage companies, freezing HGV Vehicle Excise Duty and the HGV Levy in 2024/25. This forms part of a package of support for hauliers, with the freezing of Fuel Duty announced at Spring Budget 2023, saving over £4,300 for the most common types of HGV in 2023/24.</p><p>The Department for Education is also offering high-quality apprenticeships and Skills Bootcamps, supporting the haulage sector to develop the skilled workforces it needs.</p> |