Fuel Prices Giving Trucking Companies Leeway To Raise Rates

As shippers save a lot of money in diesel, trucking companies are feeling more confident in raising their rates. According to the American Trucking Association (ATA), for each cent that the fuel prices drop the industry as a whole saves $350 million. And trucking companies aren’t being greedy, with their rising expenses which include demanding increase in driver wages, health care and mandates limiting driving time the freight rates will eventually need to go up anyways.

STL Today>>