AT THE HEART OF THE ROAD TRANSPORT INDUSTRY.

Call our Sales Team on 0208 912 2120

Cost up 10pc

20th February 1982, Page 4
20th February 1982
Page 4
Page 4, 20th February 1982 — Cost up 10pc
Close
Noticed an error?
If you've noticed an error in this article please click here to report it so we can fix it.

Which of the following most accurately describes the problem?

DERV and petrol cost increases helped fuel a 10 per cent rise in transport costs last year, according to the Freight Transport Association.

According to its cost and rates report for the year to December 1981, overall costs rose by 10 per cent, compared to a 17 per cent rise the previous year, but dery prices rose by 20 per cent, and petrol by 25 per cent.

Vehicle excise duty rose by 15 per cent, but drivers' wages rose only by about eight or nine per cent. Haulage rates rose only by about five per cent, and there were few increases in the last quarter of 1981.