The Freight Transport Association (FTA) has commented on the forthcoming toll rise for the Severn Crossing which will see prices for lorries increase by an extra 90 pence in the New Year. The FTA has condemned the decision made by the Severn River Crossing PLC (SRC), who built the bridge, to increase the charge for hauliers from £17.20 to £18.10. The Severn crossing is a vital trade corridor and the FTA is concerned about the impact on businesses on both sides of the river.
Ian Gallagher, FTA’s Policy Manager for Wales, said,”Severn tolls already cost companies many thousands of pounds a month; this latest price hike will make life a lot tougher for hauliers who cross England into south Wales and comes at a time when companies are already struggling in the face of higher fuel costs. In an industry with notoriously tight profit margins, road freight operators often have no choice but to pass their costs on to the customer, which stokes inflation and is certainly not good news in a faltering economy”.