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Hurts - USA - SCTA says at 5-6 mpg, fuel situation threatens truckers
COLUMBIA, S.C.,USA -PRNewswire -Aug. 31 2005: -- Heavy-duty truckers only get five and a half to may be a little more than six miles per gallon of diesel fuel, and buy it 200-300 gallons at a time. They either pay cash or have short-term
credit. To make matters worse, most new truck diesel engines get about half a mile per gallon less fuel efficiency than previous models due to EPA regulations. Talk about adding insult to injury... Fuel stocks are short and suppliers are on allocations. Prices, already at record highs, have gone up dramatically in the last couple of days, and are poised to go even higher, giving truck owners and shippers more worries. Fuel shortages may force some tough decisions as to who gets it and who goes without... over the last year or so most carriers have seen freight volumes and business conditions generally improve. But the fuel situation, with its impact on cash flow and profitability, has endangered many trucking companies. "There has to be a breaking point, and for some fleets, we may be there," warns Rick Todd, President of the South Carolina Trucking Association...
posted by Unknown @ 12:57 PM
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