At last, a conservative news aggregator that does not bow to the woke right.
In this Just the News article, Kevin Killough reports that high diesel prices are pushing truckers to slow down and shorten hauls as fuel costs squeeze transportation budgets.
- A new INRIX analysis found that commercial truck drivers drove 4% slower in April compared with the beginning of the year.
- The same analysis found that average truck hauls were 2% shorter.
- The likely reason is fuel conservation, as diesel prices remain elevated and directly affect trucking costs.
- Just the News reports that average U.S. diesel prices were $5.38 per gallon on Friday after reaching $5.66 per gallon in May.
- Slower driving can improve fuel efficiency because even small speed reductions reduce drag.
- According to the article, that efficiency gain can save truckers hundreds of dollars per week.
- Owner-operators are hit especially hard because they typically pay their own fuel and operating costs.
- The INRIX analysis reviewed more than 60 million commercial-truck hauls across 10 major U.S. metro areas during the first four months of the year.
- The trend reportedly continued into May, with early analysis showing more evidence of slower speeds and shorter trips.
Read the full story:
https://justthenews.com/politics-policy/energy/truckers-easing-gas-pedal-high-diesel-prices-pinch-budgets-analysis-finds
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