FUEL COST CRISIS * USA & Canada - High fuel prices, sluggish economy ease trucker shortage
As the cost of diesel fuel soars and the economy slows, hundreds of small to mid-sized trucking outfits are folding — leaving legions of trained drivers looking for work


* Canada - Trucking companies risk closing if government doesn't take action, teamsters say
Montreal,QBC,CAN -The Gazette -June 12, 2008: -- Dozens of Canadian trucking companies risk closing, if the federal government doesn't create a national rebate program to mitigate the soaring price of fuel, Teamsters Canada warned today... The union, which represents thousands of Canadian truckers, today called on the government to use budget surpluses to assist the transport industry. The practice already exists provincially; the Quebec government gives independent drivers protection against rising gas and fuel costs, the Teamsters said... According to transportation experts across the country, the prices of gas and fuel-which has surpassed the $1.50 per litre mark in several regions of the country, imposes a perilous cost on trucking companies, brokers and owner-operators, the Teamsters said...
* Double whammy KOs local trucking firm - First mill layoffs and then fuel prices prompt Jerry Sheets to park his rigs

* USA - Trucking firms reeling under gas pressures
Chillicothe,OH,USA -The Lancaster Eagle Gazette (Lancaster,OH), by ASHLEY PHILLIPS -June 12, 2008: -- ... While recreational and business drivers reel under gas prices hovering around $4 per gallon with the promise of higher costs later this summer, local and national truck companies are trying to find ways to deal with diesel prices that have soared even higher and raised the cost of shipping goods... Lance Weaver of Coshocton has been a trucker for more than a decade. "It's a pretty good way to make money," said Weaver, 30, an owner-operator for Ace Doran Hauling & Rigging Co. in Northside. "You have your independence, and you've always got a change of scenery."... Lately, that independence is a lot more expensive as diesel fuel prices, driven by rising crude oil prices and growing worldwide diesel demand, have soared nearly more than 70 percent in the last year, outpacing even the sharp run-up in gasoline prices... Freight volumes are down with the slowing economy, but that's more than offset by rising fuel prices that are forcing some trucking companies out of business and some independent truckers to park their rigs. The only upshot is "nobody's winning," said Kerry Byrne, executive vice president of Total Quality Logistics... In the first quarter of this year about 935 trucking companies filed for bankruptcy, the highest level since 2000-2001, according to Donald Broughton, trucking analyst with St. Louis-based Avondale Partners...
* Canada - Thieves hit truck tanks as diesel fuel prices rise
Victoria,Vancouver,CAN -The Globe and Mail, by SHANNON MONEO -June 12, 2008: -- Big tanks on big trucks are being targeted by thieves as the price of diesel fuel soars to almost $1.50 a litre in the Vancouver area... "Diesel is becoming more valuable than copper," said Don McGill, secretary-treasurer for Teamsters Local 213, referring to the market for stolen copper. "We're starting to hear more and more of tanks being siphoned."... About 6,000 of the local's 10,000 members are truck drivers. Some have reported that thieves watch for them to leave their vehicles and then strike, Mr. McGill said from the local's Vancouver head office... "It's becoming a major concern."... Recently, two of Lloyd Davies's dozen gravel trucks in Mission were hit by diesel dippers...
Labels: fuel cost crisis
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