Nick Leggett: Transport NZ CEO says diesel has become a significant business cost for some operators

The Mike Hosking Breakfast - A podcast by Newstalk ZB - Sundays

Transport NZ says soaring diesel prices are putting transport operators out of business. Average diesel prices have hit over $2.50, compared with the average price of 91 at $2.60 without taking into account road user charges. Transport NZ chief executive Nick Leggett told Mike Hosking diesel has become a significant business cost for some. “We have seen the price of diesel as a proportion of total business costs from about 25 percent a year ago, to over two thirds now for some operators.” LISTEN ABOVESee omnystudio.com/listener for privacy information.

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