Due recent socioeconomic and political factors the cost to fuel these HGVs has risen by £173 per week. Diesel has hit a record high of £1.70 per litre, while petrol now costs an average of £1.61 per litre.
With fuel and energy costs soaring; Inflation is at its highest level for over 30 years, with much of these rises passed onto the consumer as firms simply cannot absorb such significant increases (Elizabeth de Jong, Logistics UK).
What’s Happening Now?
Fuel accounts for a third of an HGV’s annual operating cost.” So ‘The Road Haulage Association’ wants the Government to freeze fuel duty for two years. It also wants an “essential user” rebate for lorry and coach firms of 15p per litre introduced.
Rising fuel prices are putting further pressure on retail supply chains. This adds to cost pressures from labour shortages, commodity price increases and rising energy prices in consequence, until some pressures ease, it’s likely prices will continue to rise.
Meanwhile, analysis shows the annual average cost of running a typical family car, including fuel, has shot up by nearly £300. Many consumers are having to choose between purchasing food, heating their homes or putting petrol in their cars.
How Ribble Right Size Can Help?
Many people overlook the importance of packaging when it comes to shipping goods, but an efficient and effective packaging supply is essential to keeping the product safe and most importantly keeping customers happy.
Ribble Right Size solutions improve vehicle utilisation by 25%. This means companies who have implemented Right Size can fit 25% more product in each vehicle drastically decreasing fuel consumption.
By Right Sizing your packaging supply you will gain the ability to create the perfect size box for all your products on-site, on-demand, eliminating any wasted space in your packages and therefore any wasted space in your transport vehicle.
With Right Size there is no need for additional protective packaging materials such as bubble wrap or Styrofoam peanuts as your boxes will now fit your products perfectly, increasing product protection, decreasing the weight of your packages, and making your packaging process fully sustainable.
There are also many other benefits of using our Right Size solutions. These include up to a 30% reduction in packaging costs, savings on labour costs through increased automation, increased warehouse space and more.
Every cubic inch of your packaging that doesn’t contain your product is costing you money. By introducing Right Size Technology, you can get more boxes in each vehicle, meaning fewer journeys and less money spent on fuel and diesel.
