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FUEL COST TROUBLES * USA - Trapped by more than traffic
Skyrocketing cost of diesel fuel puts strain on industry, owner-operators
Sugar Grove,OH,USA -The Lancaster Eagle Gazette (Lancaster,OH,USA), by BRIAN SLODYSKO -9 June 2008: -- Pumping gas is painful for Mark Powers. And he doesn't expect the pain to lessen any time soon... Powers is co-owner of Powers Trucking in Sugar Grove... And the surging price of diesel - a nearly 60-percent increase in the past year or so - has resulted in a drop in business. He expects a one-quarter drop in business this year because the company had to increase its rates to offset the cost of fueling the 30 trucks in the fleet... His fuel bill likely will double this year... Powers said some of the smaller owner-operators might delay safety maintenance if they are having trouble making ends meet. But he said that was not a consideration for his company... "Myself, I would probably quit before it ever got that bad, but there are guys out there who have no choice," he said... (E-G photo by Jessica M. Crossfield - Truckers pump fuel on U.S. 33 in Lancaster on Friday. Because the cost of gas has increased during the past few years, the price of diesel fuel has skyrocketed)Labels: fuel cost troubles
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