Petrol & Diesel prices have reached an all time high, this has been confirmed by the most recent petrol price report released by the AA.
Hauliers are already feeling the strain of massive transportation costs, and more misery looks to be on the way with predicted rises in fuel duty costs in April. This is leaving smaller haulier firms wondering how their businesses can continue.
The average diesel price per litre is currently sitting at 134.07 pence, meaning the UK currently has the second highest diesel price in the whole of Europe. Overall it is looking like both Hauliers and couriers face another very tough year. The trouble in the Middle East means very uncertain times lie ahead with regards to the future price of fuel . With the April budget looming and the expected rise in fuel duty the transport industry is definately looking at a difficult 2011 – possibly though delivery and haulage costs could reach unworkable levels.
The UK is sitting at a better level when it comes to unleaded fuel compared to diesel. The average unleaded price is currently at 128.83 pence per litre which leaves the UK in 8th position in Europe. This still cannot sit well within the industry when compared to the United States – a recent study in California revealed an average unleaded price per litre of just 47 pence.
One recent initiative that has been set up to try to combat these seemingly never ending increases is the Fair Fuel UK campaign that is gathering a petition to take to Downing Street. It remains to be seen whether this will have any impact but something needs to be done!
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