High diesel prices impacting trucking companies

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The cost of diesel continues to climb right next to gas. And while many people are not paying for diesel, they are paying for it by the increased cost of goods.

Beau Holmes owns the Montgomery-based trucking company Quantum Logistics. He says last year it cost around $600 to fill up and now it takes $1,400 per tank and his drivers are filling up at least twice a week.And with a 15-truck fleet, Holmes says this affects his cash flow.

Fortunately, Holmes says his business has not had to make significant cutbacks. But diesel prices continue to skyrocket,“Many times it’s affecting their ability to provide for their families,” said Mark Colson, CEO and president of the Alabama Trucking Association. “We work with them on how to not accelerate as quickly,” said Holmes. “Anything we can do to try to save having to go purchase more diesel fuel.”

 

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