UKWA has joined with other leading industry associations to request specific assistance from the government for the warehousing, transportation and logistics sector.
In a letter addressed to the Prime Minister and Chancellor of the Exchequer, UKWA, along with peer trade associations, RHA, FTA, CILT, Cold Chain Federation and BAR, point out that small businesses operating in the sector are facing a serious cashflow crisis, with no current mechanism for rapidly accessing the funds unveiled by the Chancellor. They warn that without very rapid action many will cease trading.
Pointing out that the resilience and determination of companies in the sector have helped maintain the flow of critical goods and food, despite financial hardship and staff shortages, the major trade associations representing the industry have united to request support.
While acknowledging that the measures announced so far are a welcome start, they believe that more need to be done to address the enormous financial pressures this industry is facing. Therefore, jointly, they are calling for an urgent financial response and a package to save at-risk businesses in the industry.