Coach services could be cut due to record diesel prices, operators warn
Summary
Coach and haulage companies in the UK are struggling with record high diesel prices, which have reached over £2 per litre. Rising fuel costs threaten to reduce services like school transport and push many transport businesses out of operation unless the government provides support.Key Facts
- Diesel prices in the UK hit a record high of more than £2 per litre last week.
- Coach operators warn that high fuel costs could lead to cuts in services, including school transport.
- Most independent coach companies are family-run businesses facing very small profit margins.
- Haulage companies are paying about £350 more per week per truck due to fuel price increases.
- Many transport businesses have already closed this year because of unsustainable running costs.
- Coach operators have not received fuel cost support, unlike local bus operators in England.
- Industry representatives want the government to pause planned fuel duty increases and offer rebates.
- Leading G7 nations plan to release emergency oil supplies to help lower fuel prices after concerns over US diesel export bans.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.
