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FUEL PRICES AND THE ECONOMY

5th August 2010, Page 17
5th August 2010
Page 17
Page 17, 5th August 2010 — FUEL PRICES AND THE ECONOMY
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While Harper is reticent to predict the future direction of fuel prices, he does believe fuel purcha a good ind calor of the strength of the industry. "In May, for example, fuel volumes were up as cc were coming through," he says. "In the market as a whole there are some green shoots, but w to keep our eyes on areas of concern. We don't know if the government is going to raise fuel dui) or what the proposed fuel-duty stabiliser will mean. Hopefully: hauliers will be able to facto contracts. We don't want people to have to start again from scratch."

He says some markets hauliers operate in give strong indications of the strength of the econo example, if construction materials hauliers are increasing their spend on fuel then things are sta pick up.

"The price of fuel is important, but managing fuel is more important it is a vital part of rut haulage business."

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