Budget 2027: 'You will see more hauliers going to the wall'
Irish road hauliers are facing an existential crisis due to rising fuel costs and the upcoming reintroduction of excise rates. Industry leaders warn that without price increases passed to customers, many small transport businesses will face insolvency.
Why it matters
The struggle of the haulage industry illustrates the broader economic impact of global fuel price volatility and the challenges of maintaining supply chain stability.
Tony O’Driscoll, who is chairperson of the Cork branch of the Irish Road Hauliers Association (IRHA), said the only option to sustain his business is to pass unpopular price hikes onto clients.
In a climate of spiralling fuel costs, few industries have been as hard-hit, and as vocal, as road hauliers.
AA figures show prices jumping from €1.72 in February to peaks of €2.14 in April. With prices still above €2, the war in the Middle East continues to put global fuel security in jeopardy.
Excise rates on fuel are due to be reintroduced until November 1 following Government deferrals.
Tony O’Driscoll has worked in the industry for 23 years, shepherding machinery as well as cash and carry goods since he bought his first truck at 35.
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