Truck Drivers Protest Rising Fuel Prices in Brazil

Since the beginning of the year the price of diesel fuel has increased by eight percent, while inflation during the same time increased by 0.92 percent.

By Lise Alves, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – Truck drivers across Brazil plan to block for the second day major highways across the country to protest the rising fuel prices. The Brazilian Truck Drivers Association (ABCAM) argues that 42 percent of their transport costs is fuel and want the government to subsidize taxes placed on diesel fuel for the sector.

“The constant price increase at refineries and the taxes on diesel oil have made the situation impossible for transport carriers. In addition to the almost daily correction of fuel prices made by Petrobrás, which makes it difficult . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?