I didn't realize this morning when I made this thread that diesel had risen to more than $4.00 a gallon. I too was shocked to see that it had jumped so sharply so quickly.
Of course, every penny of that cost will get passed on to each of us in increased prices for each and everything we buy. Everything to the meals at McDonalds, to the parts for our cars, to the cloths we wear, and even to the gas we put in our cars since it too has to be trucked to the gas station.
Combine that with the weakening dollar and this could get very ugly very quick!
I didn't realize this morning when I made this thread that diesel had risen to more than $4.00 a gallon. I too was shocked to see that it had jumped so sharply so quickly.
Of course, every penny of that cost will get passed on to each of us in increased prices for each and everything we buy. Everything to the meals at McDonalds, to the parts for our cars, to the cloths we wear, and even to the gas we put in our cars since it too has to be trucked to the gas station.
Combine that with the weakening dollar and this could get very ugly very quick!
Problem is that they are not passing it to the trucks.
Ever since this started we have not seen a rate increase.
I hope it happens, It has been talked about for the past few years but has never happened.
It is getting closer now though.
I will shut them down in a heartbeat, just waiting on the word.
And FWIW, the oil companies use the excuse that Diesel cost more to refine when they started Low sulfur several yaers ago and not the ULSD cost even more. When people I know in refineries tell me that is BS.
They are screwing us because they know they can.
having you considered leasing on to a company? most of the larger carriers are sleazy(werner, schnieder, etc.), but there are still some good ones out there. my uncle owns a couple trucks(halcomb trucking) and they have been struggling for a few years now(part of it is because they dont quite know how to handle their drivers/put too much trust into them), and my cousin(2nd cousin to me) owns his own truck and is making great money.+1
and I've been getting roughly 7% FSC for years.
One of my leases just went up a bit but the rest did not.
Without a rate increase or a substancial FSC increase I won't survive.
I pay my drivers 30% of the gross.
Fuel used to run 40-45% of gross
Now it is close to 60% of the gross.
60+30=90
That leaves 10%
$2300 a month truck note requires $23K a month in gross? Not gonna happen.
And that is before repairs, ins. and incedentals.
Tried cheaper trucks too, repairs end up costing more than a big note.
I put all of them for sale, everything is gonna go.
It is starting to cost me out of pocket from my job.
having you considered leasing on to a company? most of the larger carriers are sleazy(werner, schnieder, etc.), but there are still some good ones out there. my uncle owns a couple trucks(halcomb trucking) and they have been struggling for a few years now(part of it is because they dont quite know how to handle their drivers/put too much trust into them), and my cousin(2nd cousin to me) owns his own truck and is making great money.
what are the chances of a trucker strike getting anywhere? i really doubt that the major companies would join in the strike just because they would be seeing dollar signs. even if they did, what would that do? would the gas station owners lower the cost of diesel and take a hit since they are paying higher prices when buying the fuel from their supplier(exxon/mobile and the like)? everyone says that "we should do something" about this. what can we do? our government(especially the president) cant really do anything(whats bush gonna do, threatin to nuke them? yea, because they sure wouldnt stop supplying us all together if that happened), we as the consumer cant really do anything(the oil companies are making record profits, so if majority of the country stops buying then they just see their profits go back to normal?). only way we could do anything is if we pretty much took out iran, and anyone else controlling the middle east. atleast thats the way i see it.