Top
image credit: Unsplash

In the trucking industry, saving pennies can add up

June 24, 2022

Category:

The miles may be long in trucking, but the grind also occurs at a more granular level.

“Trucking is a business of ‘a little goes a long way,’” notes Reliance Partners Director of Safety Robert Kaferle. Everything from contracts to fuel charges and driver pay can be drastically affected by just a nickel or dime, more or less.

A couple of cents more doesn’t sound like much, but at the end of each quarter your accountant can prove otherwise.

“Fuel is getting more expensive and we’re seeing less demand for transportation,” Kaferle said, adding that inflation is also to blame for higher truck, maintenance and payroll costs.

Read More on FreightWaves