RHA reports 2% rise in HGV operating cost in 2014

The overall cost of operating a truck, net of fuel costs, has risen by 2 per cent in 12 months, according to the Road Haulage Association (RHA) in its 2014 Cost Movement Survey. The reason for the increase is twofold: The introduction of the Euro 6 tailpipe emissions standard driving up the cost of new trucks by 10 per cent and the increase in driver wages responding to dwindling driver numbers.

The survey revealed that the Euro 6 emissions standard, introduced in 2013, has meant operators have had to invest in expensive new technology the cost of which they have had to pass on to the customer.

Regarding drivers’ pay, the average wage rose by 2 per cent in 2013 and by 3 per cent in 2014. This was driven by “the ever-increasing driver shortage” identified by the association. However, it must be noted that these increased operating costs do not include the fuel element.

RHA manager for logistics development, Nick Deal, said: “These figures give an accurate snapshot of the UK haulage industry’s position within the EU marketplace. “The chancellor, in the last Autumn Statement, once again froze fuel duty. However, with a General Election in May, the RHA, together with campaign partners FairFuelUK, will continue to push for a 3 pence per litre duty cut.”

Regarding the current controversy on fuel prices, Nick Deal added: “Following six years of intense pressure on rates, costs are now building in all areas other than fuel and we wonder how long the current low prices will be maintained”.