Price rise in various sectors of haulage industry

According to the RHA Cost Movement Survey of 2009, there has been a major increase in costs in many sectors.

They said that, overheads costs are one of the factors which have been overlooked by the companies that run transport vehicles. The cost centre as opposed to profit centre rose to 8.1% when administration costs were included in the figures. This is because of the ever growing demand in the sector of health and safety.

They also stated that, insurance costs have risen by 10% along with employment costs which has increased by 2.2%.

Even HGV / LGV training costs have increased due to the driver CPC Regulation that came into action in September, 2009. Moreover, even costs in sectors like maintenance and tyres have seen rises in the price.

Policy Jack Semple, the Director of RHA said that, the survey showed the costs increase in almost all the sectors of transportation.

He further stated that, they have excluded the costs of fuel once again, as unlike other sectors of the haulage industry, this area changes every week. In addition to this, he also said that they still recommend that the companies should have a mechanism to adjust their rates.