THE RHA has urged the government to do more to help hauliers recover from the COVID-19 crisis.
RHA surveys have revealed that thousands of hauliers risk going bust as many parts of the supply chain have ground to a halt during lockdown.
Key findings from the surveys:
Cashflow: 73% of firms say their cashflow is significantly reduced (13% have no cashflow).
Volume: 83% say volumes have significantly reduced (22% have no work).
Backloads: 88% say backloads are significantly reduced (50% have no backloads).
Loans: 15% of operators have applied for CBILS loans but 95% have had their applications rejected by banks and other lenders.
RHA chief executive, Richard Burnett said: ‘Struggling firms need help through measures such as debt support and flexible furlough rules to pull them through the recovery effort and beyond.’
