Your Dec. 17 Pre-Trip: Logistics firms find bright spot: low fuel prices

Dec. 17, 2015
Here are five things worth knowing today.

Here are five things worth knowing today:

1. A sharp drop in fuel prices is providing some relief at a time when trucking and shipping companies are struggling with weak demand, according to a Wall Street Journal report. Diesel prices across the country are at a six-year low and down about 30% from the same time last year. According to the report, transportation firms generally pass along much of their fuel savings to shippers. Due to slow economic growth, “many trucking companies, airlines and shipping lines have been forced to cut their prices to hold onto customers, and lower fuel prices help soften that blow, analysts say,” according to WSJ.

2. Amid a severe shortage of drivers, trucking companies have begun putting programs in place that directly target women. According to a CNBC report, executives say a big challenge in the recruiting process is convincing women they’re welcome in the industry. One woman trucker who spoke to CNBC, 28-year-old Tiffany Deering, has been driving a 53-ft. trailer for the past year. She and her trucker husband, both military veterans, take turns driving 12-hour shifts hauling freight across the country. Deering told CNBC that when she pulls into a truck stop, people – including other truckers – usually do a double take. According to the report, Deering is part of a cultural shift that is changing the implications associated with the industry. CNBC has more.

3. YRC Freight, an Overland Park, Kan.-based trucking company, has opened a new CDL Training Academy in Hammond. According to a report in the NWI Times, YRC hopes to graduate up to 165 drivers a year to put a dent in the driver shortage. The Times has more.

4. Stollings Trucking Co. is being sued over its alleged failure to pay more than $100,000 for work completed, the West Virginia Record reports. According to the report, Chafin Clear Cutting had a work agreement with Stollings that they would perform tasks when assigned. Chafin claims Stollings stopped making payments sometime between September 2012 and December 2012.

5. Retired truckers in the Omaha area are protesting planned pension cuts, but the Teamsters’ Central States Pension Fund says it has no choice, according to Omaha.com. The fund filed a petition with the U.S. Treasury Department declaring it would run out of money in 10 years if benefits weren’t reduced. About 1,200 retired Teamsters live in the Omaha area, according to the report. Omaha.com has more.  

About the Author

Cristina Commendatore

Cristina Commendatore is a past FleetOwner editor-in-chief. She wrote for the publication from 2015 to 2023. 

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

Take Control of Your Finances: A Practical Guide for Carriers in Trucking

This guide is designed to help you navigate these challenges, featuring strategies for automation, examples of effective tools, and a real-world success story from Phoenix Cargo...

Report: The 2024-2025 State Of Heavy-Duty Repair

Fullbay's fifth annual State of Heavy-Duty Repair compiles insights from almost 1,000 experts and over 3,500 shops. If you aren't leveraging these proven data points, your competition...

Guide For Managing Maintenance

The Guide for Managing Maintenance is a comprehensive resource designed to help fleet managers improve their maintenance operations, reduce downtime, and lower overall fleet costs...

The Road Ahead: 2025 Trucking and Fleet Insights

Discover how fleet operators are impacted by challenges like driver onboarding delays and complex compliance, and the critical need for technology to boost efficiency and cut ...