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The Kenya Transporters Association (KTA) has urged its members to review transport rates due to rising fuel prices. In a statement dated April 14, the KTA forecasts an increase in transport costs of about 13 to 14 percent, attributed to the high proportion of fuel costs in the overall expenses of transport companies, as reported recently by the Kenya Times.
Increase in operating costs
The KTA emphasizes that the recent fuel price hikes can no longer be absorbed by transport companies. According to the article, the association points out that fuel costs account for approximately 55 percent of the total operating costs in road freight transport.
KTA members are encouraged to inform their customers and partners in advance about the upcoming adjustments, as the Kenya Times writes. Clear communication regarding the reasons for the price increases is intended to foster transparency and ensure the continuity of services.
