{"id":22382,"date":"2026-03-29T09:48:58","date_gmt":"2026-03-29T07:48:58","guid":{"rendered":"https:\/\/www.ng-audit.fr\/blog\/non-categorise\/challenges-and-consequences-of-rising-fuel-prices-for-the-transportation-sector\/"},"modified":"2026-04-14T18:27:44","modified_gmt":"2026-04-14T16:27:44","slug":"challenges-and-consequences-of-rising-fuel-prices-for-the-transportation-sector","status":"publish","type":"post","link":"https:\/\/www.ng-audit.fr\/en\/blog\/insights\/challenges-and-consequences-of-rising-fuel-prices-for-the-transportation-sector\/","title":{"rendered":"Challenges and consequences of rising fuel prices for the transportation sector"},"content":{"rendered":"\n

Already weakened by the fallout from the war in Ukraine, the situation in the road freight transport<\/a> sector has worsened with the outbreak of a new conflict in the Middle East on February 28.<\/p>\n\n

As a key component of the logistics and supply chain, the transportation sector has been under pressure for several years: between soaring fuel prices and declining business, the sector is facing a real crisis.<\/p>\n\n

The international context<\/h2>\n\n

The launch of a joint military operation led by the United States and Israel against Iran is exacerbating an already fragile economic situation in the transportation sector.<\/p>\n\n

In response to the U.S. strikes, Iranian forces have moved to block the Strait of Hormuz, a strategic maritime chokepoint through which approximately 20% of the world\u2019s oil production passes. This major disruption to maritime traffic is causing fossil fuel prices to skyrocket, directly impacting the transportation sector and raising fears of a major economic crisis in the long term. Fatih Birol, Executive Director of the International Energy Agency, told the National Press Club that we are facing a crisis greater than \u201cthe two major oil crises combined.\u201d [1]<\/a><\/p>\n\n

Since the beginning of the year, the price of a barrel of oil has nearly doubled, surpassing the symbolic threshold of 100 euros. According to the NGO T&E, if prices remain above this level, it could result in an additional cost of 150 million euros per day for European drivers. [2]<\/a><\/p>\n\n

Similar to the situation observed in 2022, the rise in oil prices could have a significant impact on the road freight transport sector.<\/p>\n\n

The impact of rising fuel prices on Road Freight Transport<\/h2>\n\n

A key component of the country\u2019s logistics and supply chain, road freight transport accounts for nearly 90% of goods traffic in France, while rail transport accounts for more than 8% of this traffic and inland waterway transport accounts for less than 2%. Involving more than 45,000 companies, nearly 85% of which are small and micro-enterprises, the TRM sector employs more than 500,000 people. <\/p>\n\n

The cost of goods sold in the road freight transport sector is broken down into several categories: labor (30%), fuel (25%), overhead costs (15%), vehicle depreciation (15%), maintenance and tires (8%), and tolls and infrastructure usage (7%).[3]<\/a><\/p>\n\n

\"\"<\/figure>\n\n

As a result, this sudden increase in diesel prices, which already account for a quarter of the sector\u2019s operating costs, is adding up to 1,000 euros in extra costs per truck. This is a significant expense for an industry that is home to such a large number of small and medium-sized businesses. <\/p>\n\n

The conflict in the Middle East, which is likely to drag on, could have long-term consequences for the health of the global economy.<\/p>\n\n

The case of maritime and air transport<\/h2>\n\n

The maritime and air transport sectors are also being affected by these rising prices. The closure of airspace and the disruption of traffic in the Strait of Hormuz are having a particularly significant impact on both sectors. <\/p>\n\n

In addition to driving up fuel prices, the geopolitical situation in the Middle East is also forcing airlines to adjust their flight plans to avoid conflict zones. Already accounting for a quarter of airlines\u2019 operating costs, the more than 100% increase in the price of a ton of jet fuel, which now stands at 1,800 euros[4]<\/a>, is having a significant impact on the sector, forcing it to revise its prices. <\/p>\n\n

Classified as a war zone by the marine insurance market, maritime transport is facing a wave of policy cancellations or significant surcharges on its \u201cwar risks\u201d coverage throughout the Persian Gulf.<\/p>\n\n

What you can do to mitigate the impact of the crisis<\/h2>\n\n

There are a number of measures and indicators that can be implemented in your company to assess the impact of rising energy prices <\/strong>and mitigate or reduce their effects.<\/p>\n\n

\u2022 Maintenance and optimization<\/strong> : By leveraging your telematics data, you can effectively measure <\/strong>your fleet\u2019s fuel consumption and implement the necessary adjustments to reduce it. Regular maintenance of your vehicles will also help you reduce their fuel consumption. <\/p>\n\n

\u2022 The fuel surcharge mechanism<\/strong>, introduced in 2006, is a tool available to you that allows you to offset rising fuel costs by passing on a portion of those costs to your customers.<\/p>\n\n

\u2022 Route optimization<\/strong> : By using artificial intelligence and route optimization tools to streamline the routes taken by your truck fleets, you can reduce their fuel consumption.<\/p>\n\n

\u2022 Hedging<\/strong>, as practiced in the aviation industry, is another way to protect yourself. By securing fuel supplies when prices are low, you limit your exposure to market fluctuations. <\/p>\n\n

In conclusion :<\/h2>\n\n

As a strategic sector for the economy as a whole, the road freight transport industry faces numerous challenges that undermine the position of small and medium-sized enterprises (SMEs) and mid-sized companies in the sector. Affected by the rapid rise in diesel prices, these companies must rise to the challenge of keeping their businesses afloat. <\/p>\n\n

A veritable economic time bomb, the worsening of an already tense situation in the transportation sector could disrupt the country\u2019s entire logistics and supply chain.<\/p>\n\n

This crisis presents both a challenge and an opportunity to reinvent ourselves. At NG, we offer solutions tailored to your business needs. With expertise across a wide range of industries, including the road freight transport sector, NG is ready to answer your questions and provide guidance on your operations. <\/p>\n","protected":false},"excerpt":{"rendered":"

Already weakened by the fallout from the war in Ukraine, the situation in the road freight transport sector has worsened with the outbreak of a new conflict in the Middle East on February 28.<\/p>\n","protected":false},"author":1,"featured_media":22381,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[218,225],"class_list":["post-22382","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-insights","tag-energy","tag-freight-transportation-by-road"],"yoast_head":"\nRising fuel prices, the impact on the transportation sector<\/title>\n<meta name=\"description\" content=\"From the blockade of the Strait of Hormuz to rising fuel prices, read our analysis of how the war in Iran is affecting the transportation sector.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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