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06-2022

Irish freight sector is being ‘crippled’ by raising fuel costs

Irish freight sector is being 'crippled' by raising fuel costs

Irish freight sector is being 'crippled' by raising fuel costs

The government has been told that the increase in fuel costs is having a “crippling” effect on some goods trading companies, requiring emergency tax measures to ensure “certainty of service”.

Presenting to the Finance Department, the Freight Transport Association Ireland (FTAI) said that the price of one liter of diesel has increased by more than 50pc in the last 12 months. The trade group said this was equivalent to raising the average fuel cost per kilometer to 50 cents from 33 cents in a distribution cost guide published in 2021.

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