• Home
  • News
    • Politics & Government
    • Business & Economy
    • Crime / Courts
    • Health / Medicine
  • Sports
    • High School Sports
    • Radio Iowa Poll
  • Affiliates
    • Affiliate Support Page
  • Contact Us
    • Reporters

Radio Iowa

Iowa's Radio News Network

You are here: Home / Business / Diesel prices still remain high, hurt trucking bottom line

Diesel prices still remain high, hurt trucking bottom line

October 10, 2005 By admin

The price of gas is slowly coming down after price hikes sparked by last month’s hurricanes, but diesel prices remain stubbornly over 3-dollars a gallon in Iowa. Scott Weiser is president of the Iowa Motor Truck Association.
Weiser says along with other fuels, diesel has skyrocketed in price this year — and hasn’t fallen as fast as others. The supply and price of diesel fuel are a problem for the motor-carrier industry but more specifically for their clients — the shippers.

He says drivers of semi trucks have been talking with the customers who use them to transport goods about adding the cost of fuel to the cost of doing business. They’ll never get back all the price increase, but most drivers or the companies they work for are negotiating with their clients to pass on some of the increased fuel cost. Motor carriers are hesitant about embracing new technology like bio-diesel and other alternative fuels, and Weiser says they see the pros and cons.

Many states want to add alcohol or vegetable oil to diesel, but he says the drivers are concerned about the effect on their mileage and performance, and a lack of standards in the market so far. That’s why he says they’re sticking with a “go-slow approach” right now. With the number of goods that are transported from field to market, manufacturer to retail stores and across the country, Weiser says the cost of diesel is everyone’s cost. The truckers believe freight shipping will remain strong, but diesel prices aren’t coming down and it’s a problem for everybody in his business.

Share this:

  • Facebook
  • Twitter

Filed Under: Business Tagged With: Transportation

Featured Stories

Abortion opponents call for ‘life at conception’ law to ban all abortions

Bill would limit placement of solar arrays on farm ground

Marquette casino moving to land, leaving only 2 casino boats in Iowa

Reynolds signs her ‘school choice’ bill into law

Governor Reynolds touts 2024 Iowa Caucuses in Inaugural Address

TwitterFacebook
Tweets by RadioIowa

UNI looks to end skid at Evansville

No. 11 Iowa State visits West Virginia

Fast start boosts Drake at Murray State

No coaching changes coming for Iowa football

Iowa State names new receivers coach

More Sports

Archives

Copyright © 2023 ยท Learfield News & Ag, LLC