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Sep 25, 2008

FUEL TROUBLES * USA - Major steps are needed to remedy oil and gas situation

“It is clear that our energy crisis is a complex problem that requires a comprehensive solution,” said Barbara Windsor, President and CEO of Hahn Transportation

Arlington,VA & Washington,DC,USA -Logistics Management, by Jeff Berman -24 Sept 2008: -- A trucking industry official called on the White House and Congress this week to implement a comprehensive energy plan that will ensure an affordable supply of oil and limit the effect of rising fuel costs on the US economy, according to the American Trucking Associations (ATA)... Hahn added that the US needs a comprehensive energy plan that decreases demand for fossil fuels, increases domestic energy production and ensures transparency in the petroleum markets. A plan is vital, according to Hahn, as the trucking industry is currently on pace to spend $159.9 billion on fuel this year. This tally tops 2007 by $47 billion and doubles 2004’s trucking fuel bill... Even though oil prices are down from record levels that approached nearly $150 per barrel earlier this summer and diesel prices are below the $4 per gallon mark for the first time in ten weeks, the ongoing issues shippers and carriers have experienced from rapid price shocks have not subsided. Various industry experts have told LM much more work is needed to ensure that things get on more solid footing forward... Another option for reducing fuel costs and conservation is increasing productivity within truck fleets by trucks with multiple trailers up to 330,000 pounds 525 feet long, according to Tim Radbourne, President of Radbourne Consulting in Adrian, Mich...

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