Monday, March 31, 2008

How Rising Fuel Costs are Impacting the Transportation Industry

Fuel is the second largest expense in the transportation industry, right behind good old labor costs. With the seemingly endless rising of oil and gas prices, how does this affect one of the county’s most important industries?

For one, it has opened the eyes of many big shots to alternative fuel solutions. Not to say, there is going to be a full on switch anytime soon, but at least there is visibility for the future.

According to Truckline.com:

After years of paying some of the highest diesel fuel prices on record, interest in renewable fuels is gaining momentum. Motor carriers are beginning to embrace high-quality biodiesel in low percentage blends in efforts to extend the nation’s fuel supply. At the same time, the industry is transitioning to ultra low sulfur fuel to support the next generation of diesel engines designed to reduce emissions.

Sounds like a great start to me!

With a very exciting Driver’s Job Fair coming to Tampa on Saturday, April 12th, we hope that the industry is taking the right steps to ensure that one of the nation’s largest growing industries will stand tall in the coming years.

If you have any input as to how the trucking and transportation industry can make changes/improvements to the fuel situation, please join the conversation in the comments. If you have any questions about the Careers in Gear Driver’s Job Fair, or would like to attend, have a booth or sponsor, please email me at greg.rollett@employmentguide.com.

Happy hunting Tampa!

Greg Rollett

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