Oireachtas Joint and Select Committees

Tuesday, 3 July 2018

Committee on Budgetary Oversight

Environmental Impact of Fiscal Instruments: Discussion (Resumed)

4:00 pm

Ms Verona Murphy:

The average haulage company in Ireland has three or four articulated trucks. Each truck contributes roughly €250,000 to the economy every year. Approximately 50% of the haulage fleet operates on the Continent. We estimate that the cost of Brexit to the 50% of the industry that operates on the Continent will be €180 million in the first year as a result of delays. This estimate is calculated on the basis of customs agency checks, waiting time at borders and so on. In the event of a hard Brexit, it is anticipated the cost to hauliers will be approximately €40 per hour.