18th Oct, 2017

Haulage company spokesman advises public to snap up fuel prices before predicted increase

Shaun Reynolds 3rd Feb, 2016 Updated: 21st Oct, 2016

A HAULAGE company spokesman has told The Observer he expects the price of fuel to rise in the coming months.

Despite the recent dip in price to under £1 per litre Ian Thacker, from Bedworth Haulage, believes the price could increase once more having worked in the industry for most of his life.

Although prices in fuel have significantly reduced in recent months, Bedworth Haulage has experienced no benefits to profits due to the lowering rates of services.

Mr Thacker said the price of fuel did not directly affect business.

He added: “As fuel prices go down our rates do the same, so the price of fuel isn’t relevant to our profits as a business.

“When the prices of fuel stay low it is a bonus but there’s no massive difference.

“Although fuel prices have decreased, tyre prices have gone up in the past few years, as have driver wages – there are multiple factors that can contribute to the overall costs.”

Mr Thacker has predicted the rise in prices to take place over the coming months but admitted it was impossible to say how high prices could go.

“If I knew how high the price of fuel would go I could probably tell you the lottery numbers too,” said Ian.

“At one point we were buying diesel for £1.30 – which is massive.

“We use around 25,000 litres a week, which is nothing in comparison to the big companies such as Eddie Stobart.”

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