Fuel Prices and Trucking; A Reality Check On What Drives America

It appears we are having a terrible situation withcausing consumers to be damaged in that the
the diesel fuel prices in the US. It is affectingcost of everything goes up.In 2000 trucking
everything, since everything we buy is shipped bycompanies all started raising prices 5%. And then
train or truck and most of the times both. Weanother increase eight to ten months ago. We
have artificial fuel price manipulation and largehave not seen a fair price for fuel in UT, MT, WY,
trucking companies operating at less than 3%CO either yet we should have. The railroad
margins. We have seen 100s of medium sizeindustry is fairing only a little better able to import
trucking companies file bankruptcy and 1000s oftheir own fuel cars to the locations they need to
small companies file as well between 1999 andfill at and buy at a bulk price where it is cheaper.
2002 and we appear to be headed for anotherAfter huge consolidations and soon to be more in
round here in 2005. This is causing problems in thethe rail industry with Canadian Rail Companies. We
used truck sales market. We have noticed thissee problems here too. Especially recently when
affect with used trucks on this market it isthe Railroads were shut down due to freezing of
affecting new truck sales right after severalswitchers and safety devices needed for
major mergers. There have been lay offs at alloperations. We think we maybe able to realize a
large trucking company manufacturers. Employeesgreat market in these venues in the future.When
from Volvo, Peterbuilt, Daimler Chrysler who havetrucks and trains stop, America Stops too. Most
been laid off, some have hired back a few due togrocery stores and Major Retailers operate on a
the emissions rules and need for cleaner trucksreal time basis, meaning that Inventories of the
and also trucks which are more efficient. Thepast and big warehouses are not needed to the
efficiency saved at these fuel prices will nearlysame degree as before. This is what the new
pay the additional costs of the payments andeconomy is bringing. It means lower prices to
truck manufacturers intend to capitalize on thatconsumers due to inventories being less and less
fact.Fuel prices are a disaster in CA and there is acost needed to store goods for any amount of
mandatory diesel engine emissions statue fortime. It also means foreign trade zones and areas
vehicles over 14,500 GVW. The EPA laws are alsowhere there are no inventory taxes such as NV
causing underground tanks to be continually dugwill not be as significant as before, but still needed
up everywhere to protect the ground water, allto compete in the fast paced World. Those
these things combined are causing huge issues onforeign trade zones, which were decreed after
top of the already high diesel prices and insanemany of the BRAC military base closures have a
government add on taxes. Oregon State has nowone ups man ship on those other areas with
decided to induce as well; any truck with no ORwarehousing incentives. Places such as Columbus
plates will be charged extra tax for fuel. Oregon isOH and Mathers AFB in Sacramento CA. Of
trying to keep road tax money due to a recentcourse there are over 400 of these foreign trade
law passing to keep registration fees low.zones in the US now and more than 100 more
Consumers believed they would save money bywaiting with permits. Some of these old military
low registration, now it is simply added to dieselbases are now superfund sites such as Dobbins
fuel, which affects everything you buy and leadsAFB out side of Atlanta. As America matures, we
us into recession. This is a big tax on all dieselhave learned allot from our past and we should
sales of trucks. Washington State; same thing;be taking these learned experiences with us as
some highest prices in the Nation are now in thewe deal with any potential threat of economic
west. Even ID, AZ and NV are raising prices butmelt down.With Inventories being less for large
keeping them just under WA, OR and CA. Manyretailers, it also means that small manufacturers
truck stops in NV, and AZ even though just overwho want to service the large retailers will have
the CA border are keeping inline with just under ato be able to adapt or die to the relentless need
nickel per gallon less. Big saving for trucks withfor that retailer to move products faster and
200 gallons of fuel capacity. So now the truckfaster and inventory the products at their
stops in NV, AZ are crowded. And the ones inmanufacturing facilities, and then move them
NM, TX, KS, OK insane where fuel prices are aquicker. But they cannot afford to run their own
good 10 to 20 cents per each gallon cheaper.trucks because the fuel costs will take them out
Truck stops in San Bernardino, LAs mainof the running to offer the lowest cost to the
distribution hub are busy, but are not selling muchpurchasing departments of retailer, store the
fuel, as trucking companies and drivers are onlyproduct, make the product, ship the product and
buying enough to make it out of the state whereoffer the best terms on payment to the retailer.
they can fill up at lower prices. In NV and AZWho is not anticipating on paying quickly, but
where fuel does not get taxed as much andstringing out the payables almost as bad as Sears
wholesale prices are lower but prices only 5 centsin the 70s and 80s. Look at the new boss at
less. Diesel fuel Sales and distributors are makingHome Depot, from GE, savvy guy, watching
insanely high margins, or at least a lot more thannumbers and look at their CFO, both sharks;
normal. Noticed that where most of the peoplegreat for shareholders equity, but devastating for
live, such as near water (great lakes and Ocean)the small manufacturers.
that is where the fuel is more expensive? This is