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TRUCKING's COSTS *- USA - Rising Fuel Prices Hurting Industry
The trucking industry is the life blood of the economic body. The rising fuel prices it is facing may make us all sick in the walletUSA -Truck Tires.blogspot, by Carl Stinson -October 12, 2007: ... It is a basic fact of life that trucks need fuel to operate. Fuel makes up around 25% of the operating costs for the average truck fleet. This is the second highest operating expense trailing only labor costs... Trucking fleets have developed some basic policies for coping with the ever increasing cost of fuel. The most important of these is the fuel cost surcharge... This method passes on the cost of the increase to the freight customer who in turn certainly passes it on to the ultimate consumer... It is the small fleets and the independent truckers that are hurt the most by rising fuel costs... There is no doubt that rising fuel prices has impacted everyone from the consumer to the largest trucking fleets, and despite some tactics that soften the blows somewhat, it will continue to be a problem as little price relief is seen in the future...
Labels: trucking costs
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