Government agrees with truckers on new formula to update prices amid fuel hike

Spain's Ministry of Transport has agreed with the National Road Transport Committee (CNTC) to modify the road freight price review formula, raising fuel's weight from 30% to 40% currently. The measure addresses the crisis from the Iran conflict since February 28 and adds to existing aids. The new royal decree-law will go to the Council of Ministers tomorrow.

Spain's Ministry of Transport and Sustainable Mobility, led by Óscar Puente, met today with representatives from the CNTC's Goods Department, alongside officials from Finance and Economy ministries. Both sides agreed on urgent changes amid soaring diesel prices due to the Iran war crisis that began on February 28. The sector estimates an extra cost of 600 euros per week per heavy vehicle, exceeding 450 million euros overall.

The key measure modifies the price review formula, which adjusts freight rates when diesel rises over 5%. Fuel's share in the final price will increase from 30% to 40%, linked directly to its pre-tax evolution, automatically and mandatorily under Law 15/2009. It also consolidates clarifications from a March 27 note: reference prices exclude taxes and temporary aid bonifications.

The deal mandates breaking down fuel adjustment in invoices per Royal Decree-Law 3/2022 and studying sanctions for non-compliance. Spain has notified the EU of the Royal Decree-Law 7/2026 aid scheme to exceed 'minimis' limits. Both parties will keep a permanent negotiation table open, awaiting European approvals.

These steps add to the general tax cut and the 20 cents per liter fuel aid already in place for professionals.

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