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Costs up

8th August 1981, Page 4
8th August 1981
Page 4
Page 4, 8th August 1981 — Costs up
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VEHICLE operating costs creased by about 4.5 per c the three months to Jup according to the latest is the Freight Transport Ass tion cost and rates report.

Like the Road Haulage ciation, which says that rose by eight per cent in months (CM, August 1), puts much of the blame on 1981 Budget. While it welcp. the halving of the tax inc on derv, the impact of that be offset by price increases oil companies, says the As tion.

Most FTA members acce that it was not possible hauliers to absorb the Cha lor's increases, and the As tion also claims that increas rates of about three per were widely reported.

For the year to June, cos creases were in the order o per cent, while haulage r rose by five per cent.