Tensions Rise Over Fuel Prices

The American Trucking Assns. (ATA) yesterday issued a statement pointing out that numerous reports of budget woes felt by school districts across the nation mirror that of trucking fleets.

“We are now at a critical point for the industry in terms of fuel prices,” ATA chief economist Bob Costello said. “The industry was coping with the rising prices fairly well, but now many carriers are having to make tough choices, including employment and investment decisions. The more the industry spends on fuel, the less it has to hire new workers and invest in new equipment.”