The RHA has pleaded with government to support the haulage industry as it struggles to cope with continued fuel price hikes.
With the Russian war in Ukraine destabilising fuel supply, and the price of Brent crude oil prices rising to $113 a barrel at the beginning of March, executive director for policy and public affairs Rod McKenzie said fuel price hikes have the capacity to wipe out the weekly profit of a truck.
“Of course, hauliers can put up prices,” he said. “That will add to the general escalating pressures on inflation for everyone. That’s bad for our businesses as prices rise.”
The RHA suggested freezing fuel duty, introducing an essential-user rebate, and delay scrapping the red diesel rebate.