Fuel's Wild Ride

High diesel fuel prices usually signal harsh times for trucking. According to the American Trucking Assns. (ATA), for every 10-cent rise in the cost of diesel, an average of 1,000 fleets go bankrupt. That doesn't seem to be the case this year. Despite record-high fuel prices, most fleets — especially the large truckload and less-than-truckload carriers — aren't going under. Rather, they're using a variety of fuel management strategies to offset the pain at the pump. The most prevalent is a fuel surcharge, which enables fleets to pass at least some of the higher fuel costs onto customers. ...

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From the Print Issue

November 2009

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