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Thai Trucking Industry to Increase Freight Rates by 10% Starting April 1

The Federation of Land Transport of Thailand is planning phased increases in haulage charges of up to 30 percent starting April 1, due to soaring operating costs driven by a 6 baht-per-litre jump in diesel prices. President Thongyu Khongkhan stated that the increases will begin with a 10 percent rise, followed by further hikes of 15 percent and then 5 percent. Concerns over fuel alternatives have been raised, ruling out switching to B20 diesel. Calls for structural reform include an overhaul of the energy pricing structure and a windfall tax on oil refineries to ease the burden on transport operators and consumers. The industry is under pressure with diesel now priced at nearly 39 baht per litre, making it impossible to maintain existing rates. The planned increases are expected to have ripple effects across the economy, impacting consumer goods prices.

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