"The wholesale price paid by FFI Members for fuels has continued to increase over the last week, diesel is up more than 11c per litre according to the Portland Price index. These input costs are then subject to all taxes and levies."
"Very few businesses are left viable now; the sector is really under pressure. Prior to any price hikes, we were struggling as a sector and had members that were no longer viable. Fuel increases have really exacerbated that problem and compounded it."
"My best sense at the moment is that the cuts were passed on [to the consumer], overwhelmingly so, but that we are obviously seeing the oil price situation worsen."
Truck drivers are experiencing severe difficulties as fuel prices continue to rise, with diesel increasing by over 11 cents per litre. The wholesale price hikes are compounded by taxes and levies, making it challenging for businesses to remain viable. Despite government assurances of no supply concerns, the situation is worsening, and many in the sector are struggling. The return of carbon tax has further intensified these challenges, leading to a critical situation for truck drivers and the road haulage industry.
Read at Irish Independent
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