Hauliers urge ministers to take action on record fuel prices

The average price of diesel has reached £1.56 per litre amid soaring oil prices due to Russia’s invasion of Ukraine.

Neil Lancefield
Thursday 03 March 2022 15:35
The Road Haulage Association called for fuel duty to be frozen for a further two years (Liam McBurney/PA)
The Road Haulage Association called for fuel duty to be frozen for a further two years (Liam McBurney/PA)

Hauliers have urged the Government to take action on record fuel prices which they say are “wiping out” their profits.

The average price of diesel has reached £1.56 per litre amid soaring oil prices due to Russia’s invasion of Ukraine.

To ease the impact on the logistics industry, trade body the Road Haulage Association (RHA) urged ministers to delay upcoming changes to the use of untaxed red diesel by 12 months.

It called for fuel duty to be frozen for a further two years, and greater flexibility with the Apprenticeship Levy to help address driver shortages.

Of course, hauliers can put up prices. That will add to the general escalating pressures on inflation for everyone. That’s bad for our businesses, some of whose existence is now threatened, and indeed for all of us in the UK as prices rise

Rod McKenzie, Road Haulage Association

The organisation also wants more lorry parking facilities and the continuation of skills bootcamps to train the next generation of drivers.

RHA executive director for policy and public affairs Rod McKenzie said: “Ours is a low margin industry – the average haulage business makes an annual profit of 3%.

“Put another way, the weekly profit of a truck may be £80 but the increase in the price of fuel can equate to between £77 to £87 per week per truck, thereby completely wiping out any potential profit.

“Of course, hauliers can put up prices. That will add to the general escalating pressures on inflation for everyone.

“That’s bad for our businesses, some of whose existence is now threatened, and indeed for all of us in the UK as prices rise.

“But the Government can, and we think should, do something about it.”

Register for free to continue reading

Registration is a free and easy way to support our truly independent journalism

By registering, you will also enjoy limited access to Premium articles, exclusive newsletters, commenting, and virtual events with our leading journalists

Please enter a valid email
Please enter a valid email
Must be at least 6 characters, include an upper and lower case character and a number
Must be at least 6 characters, include an upper and lower case character and a number
Must be at least 6 characters, include an upper and lower case character and a number
Please enter your first name
Special characters aren’t allowed
Please enter a name between 1 and 40 characters
Please enter your last name
Special characters aren’t allowed
Please enter a name between 1 and 40 characters
You must be over 18 years old to register
You must be over 18 years old to register
Opt-out-policy
You can opt-out at any time by signing in to your account to manage your preferences. Each email has a link to unsubscribe.

By clicking ‘Create my account’ you confirm that your data has been entered correctly and you have read and agree to our Terms of use, Cookie policy and Privacy notice.

This site is protected by reCAPTCHA and the Google Privacy policy and Terms of service apply.

Already have an account? sign in

By clicking ‘Register’ you confirm that your data has been entered correctly and you have read and agree to our Terms of use, Cookie policy and Privacy notice.

This site is protected by reCAPTCHA and the Google Privacy policy and Terms of service apply.

Register for free to continue reading

Registration is a free and easy way to support our truly independent journalism

By registering, you will also enjoy limited access to Premium articles, exclusive newsletters, commenting, and virtual events with our leading journalists

Already have an account? sign in

By clicking ‘Register’ you confirm that your data has been entered correctly and you have read and agree to our Terms of use, Cookie policy and Privacy notice.

This site is protected by reCAPTCHA and the Google Privacy policy and Terms of service apply.

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in