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FUEL TROUBLES * WORLDWIDE
* USA - Diesel Soars 12.2 cents to Record High of $3.425 - Gas Prices Rise 9.8 Cents to $3.111VA,USA -Transport Topics -12 Nov 2007: -- Each week, DOE surveys about 350 diesel filling stations to compile a national snapshot average price... For the second straight week, the price of diesel fuel reached a new all-time record, jumping 12.2 cents to $3.425, the Department of Energy said Tuesday... Coupled with the previous week’s 14.6 cent spike, the national average price of trucking's main fuel has now gained 26.8 cents in the past two weeks, according to DOE...
* USA - Truckers fume over rising diesel prices
Knoxville,TN,USA -6 News Anchor, by MELISSA DiPAN -Nov 12, 2007: -- Diesel prices are hitting record highs and it's causing truck drivers to fume... Experts say if consumers don't spend as expected, it will hurt stores and the economy... The best thing consumers can do is to prepare themselves and not panic over higher prices...
* UK - Truck costs rise by 8%
Londond,UK -Road Transport -15 November 2007: -- The Road Haulage Association (RHA) has revealed that the cost of running 44-tonne trucks in the year to September 2007 was more than 8% higher than in 2006. Unsurprisingly, fuel was the largest single cost - at 28.9% - up by 3.29% on the previous year. Vehicle and depreciation costs were up 1.14% on 2006, while driver employment costs - wage increases, training and cover for sickness and holidays - were 1.64% higher...
* China - Groups seek surcharge to beat cost of fuel
Hong Kong,China -The Standard -13 Nov 2007: -- Six truck unions yesterday joined hands to announce they intended to impose a fuel surcharge on customers to counter rising oil prices. The unions said they represent about 70 percent of the trucking industry... Hong Kong Container Tractor Owners Association chairman Ricky Wong Kei said incomes of truck drivers have dropped by about 20 percent since last year. He said local truck drivers are now earning HK$2,852 less each month while cross-border drivers are losing on average HK$4,123 a month... The drivers are usually paid a lump sum to cover their expenses and their wages... The unions claimed drivers may leave the industry if the situation does not improve...
* USA - High fuel costs least of truckers worries
Victorville,CA,USA -The Victorville Daily Press, by TATIANA PROPHET -November 14, 2007: -- Fuel prices are just one of many concerns facing independent owner-operators at the close of this year... Another is the new identification card required to pick up and drop off cargo at the ports of Long Beach and Los Angeles — the Transportation Workers Identification Credential — which officials plan to roll out as early as December... Economist John Husing, a consultant to the ports, said the TWIC card might exclude between 15 and 22 percent of truck drivers... And while the problems are many, the solutions are certainly not unified... Any strike related to the ports can cost millions in lost time...
* USA - Skyrocketing prices at the pump could put some truck drivers out of business
Massillon,OH,USA -The Massillon Independent, by Matthew Rink -15 Nov 2007: -- Dale Milburn counts himself lucky as he counts the dollars that ring up with every squeeze of the gas pump... The 13-year truck driver for Nickels Bakery wouldn’t be in business, he said, if he were an independent truck driver... “These prices are going to put truckers out of business, the independents anyhow,” Milburn, a Brewster resident, said as he filled up his tractor trailer at the Speedway station on Ohio 21 and Navarre Road Southwest... (Photo by Glenn B. Dettman/The Independent - Joe Stevens, a truck driver for Distribution Solutions, fuels up at a local gas station)
* USA - Diesel price spike hurts truckers, railroads
Pittsburgh,PA,USA -The Pittsburgh Tribune-Review, by Chris Foreman & Francine Garrone -November 15, 2007: -- ... Think of how Nijaz Memisevic felt after pumping $700.59 worth of diesel into his truck... The truck driver for a Cumberland County business said the record-high diesel prices "are killing me," leaving him unsure about whether he can continue with the only vocation he's had since moving from Bosnia nine years ago... "I'm considering shutting down the truck and working for another company"... Trucking and train companies across the United States are hurting financially from the rapid diesel price increases and scrambling for ways to absorb the costs or pass them on to customers...
Labels: fuels costs
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