Say they ca n’t cope with rising losses
PUBLISHED: 8 Aug 2024 at 04: 00
To keep their trucks on the road, truckers in the Northeast are asking the government to lower the price of gasoline or increase the cost of moving goods.
About half of the 5,000 trucks that were purchased by about 700 cargo transportation companies that are NTA members, according to Wichai Sawangkhachon, president of the Northern Transport Association (NTA ). According to Mr. Wichai, because their owners could n’t afford to pay back their loans, they seized about 3, 000 of these used trucks.
He claimed that truckers ‘ rising gasoline prices and declining requirement for truck transport services are the main drivers of this problem.
Northeastern Service Union Transport’s leader, Somphon Hirunyasut, claimed that more users are losing money as a result of their increasing losses. He claimed that this tendency, which has grown as the cost of the Covid-19 pandemic, started with the financial effects of the epidemic and has since grown even more severe.
He claimed vehicle brain prices in Vietnam are about two times lower than those in Thailand and that gasoline prices per litre in neighboring Laos are about three baht lower than those in Thailand.
Even worse, he claimed that a free trade agreement between Thailand and China, which will allow Chinese vehicle transport users to waive their taxes, may only worsen the situation.
Mr. Somphon claimed that because of their dominance in Thailand’s neighboring nations and the freedom to travel easily between these nations, it will be easier for them to gain customers there.