Seven in ten logistics operators report escalating costs as fuel prices soar, Logistics UK survey finds

Seven in ten logistics operators report escalating costs as fuel prices soar, Logistics UK survey finds
 

Almost three quarters (71%) of UK logistics companies suffered escalating transportation costs in the first quarter of 2022, compared to the same period a year ago, according to Logistics UK’s May 2022 Performance Tracker.

In addition, 40% of respondents said costs had climbed by 25% or more, as operators continue to battle against rising fuel costs and global supply chain pressures.

Announcing the results of the survey, Logistics UK said: “Surging costs are feeding through to freight rates – the […]


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