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FUEL COST TROUBLES * USA - Stubborn diesel prices challenge truckers
In June, Alvan Motor Freight filed for bankruptcy. The Kalamazoo-based trucking company operated a terminal in Kentwood, and was one of the nation's largest, and last, family-owned trucking firms
Byron Township,MI,USA -WZZM, by Peter Ross -12 Aug 2008: -- Eric Johnson's tractor-trailer was quieter than most parked at the truckstop here Monday. He installed an auxilary power unit, so his tractor wasn't idling, wasting expensive diesel fuel. The APU keeps his tractor cool in the summer, and warm in winter... He's also installed wider tires that replace two tires, and installed a new exhaust system, all in efforts to save fuel... The Onekema man has been an independent owner-operator for the past four years and prefers it over driving for a large trucking company... Small- to medium-sized trucking companies have become growing casualties as fuel prices have risen and the economy sagged. A recent study estimated about 1000 of these firms failed nationwide in the first quarter alone (P's N: See below post)... Industry analysts say independent truckers are necessary to provide pricing competition to the larger trucking companies. Some fear that while trucking failures might be invisible now to consumers, when the economy improves, it would push up shipping rates, further increasing prices on consumer goods...Labels: fuel cost troubles
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