PRESSURES from two directions are combining to paint an alarming picture for the road transport industry in 2005.
The application of the Working Time Directive to transport in March will, as confirmed by the Government's own figures, cost over £1billion and a loss of productivity of almost 10 per cent.
These operational and cost problems are now compounded by the major increases we have seen in world oil prices. Since January the cost of fuel for a maximum weight 44 tonne articulated lorry has risen by almost £1,900 to a massive £29,225 per year. And there is clearly more pain to come as the higher prices filter through.
Our economy and our consumer comfort is all dependant on an efficient and economic road transport industry and we are fortunate that UK expertise in this area is a world leader.
For 2005 we must all prepare for the prospect of the price of moving goods to increase.
STEPHEN KELLY, North West Regional Policy Manager, Freight Transport Association, Horsforth, Leeds.
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