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FUEL COST CRISIS * USA - Gas prices force many to park their rigs for good
Omaha,NE,USA -The Omaha World-Herald (subscription), by VIRGIL LARSON -June 29, 2008: -- Faced with a gasoline bill of more than $1,000 to fill each truck, Frank McEvoy parked eight of his 22 semitrailer rigs and let seven employees go two months ago, just before the price of diesel fuel spiked... Frank McEvoy has parked eight of his company's 22 semitrailer rigs, downsizing because of high fuel costs. He also let seven employees go... He put the vans out to pasture. Vans and reefers — refrigerated trailers — are the most plentiful among the semis on the country's highways and the least profitable because of tough competition... "We had eight," McEvoy said. "Mr. Blue up on the hill has hundreds. I don't think we scare him too much."... "Mr. Blue" is Werner Enterprises Inc. One of the biggest U.S. carriers, its more than 7,000 trucks are instantly recognizable by their blue paint jobs... Parking the vans is McEvoy's way of surviving soaring prices for diesel fuel combined with a slackening volume of loads in a softening economy... (Photo by JEFF BEIERMANN/THE WORLD-HERALD)Labels: trucking industry crisis
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