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  • 8 hours ago
When this week's inflation figures showed a strong rise driven by soaring fuel prices there was a clear warning to prepare for worse to come. The increased transport cost is yet to fully flow through to supermarket and retail shelves but it's on the way and the trucking industry is copping the brunt of the crisis.

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00:12Sean Mulvaney is on the final stretch back home to Melbourne after a run to Sydney.
00:17This is one of the main corridors for all the freight, especially with the food and
00:21the market, all express freight.
00:24So trucks are going up and down here, 24 hours a day, seven days a week.
00:28This has always been an industry with tight margins, but the oil crisis is pushing it
00:34to the brink.
00:34It's really, really tough at the moment.
00:38The climate out here with truck driving is, you've either got to suck it up a little bit
00:44I suppose, or park it.
00:47If you're stressed about the cost of filling your car, imagine running one of these.
00:52It used to take about $2,000 to fill this truck.
00:55And the last couple of weeks that we've filled it, it's nearly $4,000.
01:00So it's nearly doubled.
01:02Yeah, we're saying roughly 70-75% of operators won't survive the six months.
01:08Milton Wood is now charging clients a 15% fuel levy.
01:12They weren't happy. No, no.
01:14Everyone's got to put their price up to cover the increase in the freight charge.
01:19So the public are going to see it in the next month or so.
01:23The Federal Government's providing zero interest loans to help manufacturers and transport operators
01:28absorb the hit.
01:30It's also cut the fuel excise and reduced the road user charge to zero.
01:35But that's only till the end of June.
01:36So we would like to see the government, while they're doing budgets and preparing for budgets,
01:41to consider keeping that at zero till at least the end of the year,
01:46or until diesel becomes below $2 a litre.
01:52Rail is still the largest single mover of freight in Australia.
01:56But that's bulk freight, like wheat and coal.
02:00Pretty much everything else we consume is carried across the country by trucks, big and small.
02:06And when the cost of trucking goes up, so does everything else.
02:10You are paying more for your kids' milk.
02:12You are going to pay more for your daily essentials.
02:15Life is going to get much more difficult for everyone.
02:18There's definitely frustration that this wasn't caused by an act of God or a natural disaster.
02:23It was caused by the US President going to war in Iran and his failure so far to bring it
02:28to an end.
02:29Whether or not they need a war over there or not, you know, it's irrelevant for our industry.
02:34We need to be able to, you know, be risk averse and we need to be able to ensure that
02:38we can ride the highs and lows in the future.
02:42I really hope that the industry stays alive and kicking,
02:46because what everyone touches or they've got in their possession has been on a truck at one stage or another
02:52throughout its life.
02:53Everything.
02:54And whatever fuels them in the future, that won't change.
02:57Ben Knight, ABC News, Melbourne.
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