Hauliers absorb soaring costs with lowest prices in two years

The haulage price-per-mile has fallen nearly 2% year-on-year and 3% month-on-month, despite diesel prices rising 12% in the last year.

Latest data from the TEG Road Transport Price Index showed the average price charged by haulage drivers and companies in February fell for the second consecutive month.

The year-on-price was also down, despite meteoric rises in inflation and operational costs over the last year.

Haulage prices in February were 3% lower than in January, and 2% down on last February’s figures. This was their lowest level since March 2021.

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