'69 rates need 34pc boost
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• Road hauliers in the general and long-distance sectors who have not raised the rates since 1969 now need to increase revenue by 34.2 per cent to cover additional costs incurred up to 1972. Those who last adjusted their rates in 1970 need another '14 per cent to meet increased costs since that time. These facts are revealed in the latest report prepared for the Road Haulage Association by the Centre for Interfirm Comparison.
Road haulage costs rose on average by 13.6 per cent in 1971, according to the report which shows percentage increases for five different types of operation; long-distance 13.5; general haulage and long-distance combined 13.8; general haulage 12.4; tipping 14.4; agricultural 13.9.
The previous figure for 1970. was 12.6 per cent. Haulage rates in 1970 should have gone up on average 1.2 per cent to give a 9.5 per cent return on assets.
Costs per mile.increased over the period in all groups except tipping where they declined slightly. In terms of productivity, mileage per vehicle increased in all groups except the combined general and long-distance group. The report suggests the only branch of activity to show a bright spot was the tipping group where the total operating costs were reduced slightly.