Three Transport Groups in Japan Warn of Diesel Hoarding

Three major transport industry organizations held an emergency rally at the Liberal Democratic Party headquarters on March 28th, urging the government to take action amid growing concern over fuel price increases. Yoichi Teraoka, chairman of the All Japan Trucking Association, stated that since early this month, operators have been unable to secure sufficient diesel fuel, with notices issued calling for cuts of 30% to 50% in supply. The industry describes the situation as hoarding, with restrictions being placed on diesel purchases. Operators are also unable to pass on the sharp rise in fuel costs to customers, leading to a severe management crisis. The groups adopted a resolution calling for measures to secure a stable diesel supply and presented the proposal to the Ministry of Land, Infrastructure, Transport and Tourism.