posted by admin on May 5
You go from to That makes fuel costs doubly important to Marten and other refrigerated operators such as Frozen Food Express Industries FFEX and privately held firms Prime Inc., Trucking firms across the England and KLLM Transport Services. The companies pass their increasing fuel costs through to customers and to contracted independent operators in the form of surcharges. These charges helped drive Martens secondquarter revenue up 23 from the prior year to 112. 8 million. Topping the list rising fuel prices and the industrys shortage of qualified, experienced drivers. Another hot topic was federal requirements to improve diesel motor efficiency through redesigned engines.
handful of topics made the rounds late last month at the Great American Trucking Show in Dallas. an average of 20,000 for dryvan units. The cooling equipment is powered by four cylinder diesel engines. You pick up check.In reality, the trucking business has become complex balancing one side are rising fuel costs. The company reports its turnover rate among its drivers was 63.. On the other are difficulties in keeping drivers seats filled. Trucking operators build margins by gauging how much and what kind of rate increases their customers will bear.
The rules are set to take effect late next year. Truckers and companies say the rules, aimed at decreasing sulfur emissions, will drive up fuel consumption. say driver shortages are worsening as the economy improves and demand for freight capacity grows. Marten sees it as no different than problems faced by other servicesector employers.It comes down to matter of pay, and its question of how to continually increase that, he said. Marten Transport has boosted its pay rate this year by cents mile, plus some incentives for independent operators. Earnings rose 39 to cents share.
On the other are difficulties in keeping drivers seats filled. Trucking operators build margins by gauging how much and what kind of rate increases their customers will bear. In one way, Marten has an advantage over standard dryvan carriers Refrigerated goods tend to feel less impact from economic swings. When they increase the efficiency of the engine, it is going to decrease the power output of that engine, which then causes fuel costs to go up.Further north, in Mondovi, Wis., Randy Marten was well aware of the implications.
Tags: freight, fuel prices
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