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Record road freight prices for May, as government support helps the sector reduce emissions

2023-06-19 00:00

The TEG Road Transport Price Index has revealed an overall price-per-mile increase of 1% in May, despite inflation finally hitting single digits at 8.7% in the UK. The index has risen 1.2% year-on-year, and last month’s figures are at their highest for May since the index began in 2019.

Haulage and courier prices have been steadily rising since February, as green transition

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