Frank is a truck owner-driver, meaning he owns his own truck, picks up contracts wherever he happens to be in Australia and pays for his own fuel. He can spend up to two months at a time on the road, and lives by the rule-of-thumb that one third of a job's pay should go to fuel, one third should go to truck maintenance and the remaining third is his wages. But the war in Iran, leading to increased diesel prices, has put significant financial strain on this model. Coupled with historically slim margins in the transport industry, it's threatening to send drivers like Frank over the edge
Continue reading...Trucking in a fuel crisis: the Australian driver sacrificing his paycheck for diesel – video
Originally reported by The Guardian. Read the full story at the original source.
Related Articles
Here's who Netflix just brought in to run content — and what it means for the streamer
Netflix is shaking up its C-suite in an effort to fix its engagement woes. On Thursday, the streaming giant announced th...
Extreme heatwaves in Europe not changing Brits’ holiday plans, say travel bosses
Hot summer getaways are still popular – but tourism industry fears impact of rising jet fuel costs and squeezed househol...
UK risks losing key role in European space industry over satellite contract, says Airbus boss
Guillaume Faury writes to Andy Burnham warning him against choosing US firm Lockheed Martin to build Skynet satellitesTh...
For restaurants Covid-19 was a crisis – pandemic loans are proving a disaster
Low-interest loans kept many eateries afloat. But the industry never recovered enough for them to repay the debtFor almo...