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Trucking industry having a torrid time as diesel costs continue to spike

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An overall feeling of dismay is probably the best way to describe how transport operators are processing the latest diesel price hike on Wednesday. While petrol increased by 51c/l, it's the continuing hike in diesel - this month by R1.40/l - that will be straining the economic lifeblood of our economy. From crime and looting, to road blockages and a dysfunctional ports system, the road freight industry has been licking its wounds for some time now. Gavin Kelly, chief executive at the Road Freight Association (RFA) tells BizNews correspondent Michael Appel that operators can't keep on absorbing these increasing costs so it will, inevitably, filter down to an already overstretched consumer. Learn more about your ad choices. Visit megaphone.fm/adchoices
2 Nov 2022 10AM English South Africa Investing · Business News

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