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Vertical Transport Consultants

VT Market Review Predicts 10% Increase in Costs

VT Market Review Predicts 10% Increase in Costs

Following a comprehensive review, D2E predict a 10% increase in costs in 2019 across the Vertical Transportation (VT) UK Market. The cost predictions for 2019 are based upon the effects of political, economic, social and technical factors along with the D2E knowledge of this complex market formed of some 400-500 companies. D2E understands the challenges being faced, including; a severe skills-shortage across the industry, material costs rising due to adverse exchange rates, full order books and the big unknown of BREXIT looming.

In these uncertain times, we would recommend that clients ‘lock’ their maintenance suppliers into a robust maintenance framework focusing on management, delivery and performance measurement of their portfolio.

For further information, download a full copy of the D2E – VT Market Review 2018 and please feel free to contact us if you require further information or would like to meet up and discuss your specific issues.