diesel prices out of site!

[joey]

my cost are now .80 cents per mile for jus fuel. i paid $4.23 gallon tonight. that's two thirds what the company wants to pay for my mileage. notirecost,driverwages,maintenance,replacement,insurance,license,tags,taxes,nothing. if this keeps up without more money i will be forced by next week to park my truck. fsc is a joke. they play a mind game with the surcharge adding it while reducing the standard rate.

[Tip]

Government could maintain fuel prices at $1.50 per gallon but then campaign contributions would dry up for those who wrote that bill or co-signed it.

[oboy@ivorva]

BP's making up for their loss

[chad]

just wish i had never purchased a truck. after three years pulling containers i don't see any future in this work. company lies, dispatch lies, customers lie, pay never right, expenses are equal to what i make every week. when i make last payment i think it will also be the last day i do this. i feel for the ones who are just geeting into container trucking. they have a long road ahead unless there is more money that i don't see happening. lol

[robbie]

jus paid $4.33. this is insane!

[onetruck]

the freight is still paying as though fuel is costing a $1.50 per gallon. boyz is this worth the hassle? i no think so!!!!!!!!

[dieseljockey]

The price of the barrel is not that high but pump prices continue to remain above four dollars. What gives?

[Catbird]

Hey there MR O/O TRUCKER. Did your profit jump 63% The steamship lines along with the trucking agents are ripping your ass!


OOCL reported profit in 2012 was $297 million, jumping 63 percent from $182 million in 2011.

Yearly revenue was $6.5 billion, up 7 percent from $6.0 billion in the previous year. Revenue per TEU rose 2.9 percent to $1,131.

The container line’s liifting increased 3.7 percent to 5.2 million 20-foot-equivalent units. Operating capacity increased 8.8 percent to 452,246 TEUs.

“While 2012 was a profitable year for the group, the container transportation market continued to be challenging as the industry struggled to absorb substantial new-build vessel capacity while facing ongoing weak demand growth,” said Chee-chen Tung, chairman of OOIL, in a written statement. “The year ahead looks as though it will be as difficult as 2012.”

In 2012, no new vessels were delivered to OOCL and no vessel orders were placed. The carrier purchased one 12-year-old, 5,560-TEU vessel previously under long-term charter and sold two 16-year-old, 5,344-TEU vessels and then time-chartered them back for a three-year period.

“Flexibility in our operating model to be able to adjust capacity to actual demand levels remains a key focus for OOCL in 2013 as we absorb our new 13,200-TEU vessels,” Tung added. These vessels will be delivered in 2013 and 2014, he said.

[twistlock]

very very sad. everyday truckers are being ripped off while the ocean shippers are glowing with profits.

[crgoode]

fortunately for me, I do a lot of work on I-26 west of Columbia and on I-85 in SC and am able to get fuel for about 3.65/gal more or less. This is because of 2 new QTs and a couple of Hotspots that keep their prices low so every one else has to follow suit. If these comparatively small companies can sell so cheap why can't the high volume biggies like Pilot and Loves do the same? I guess they make their money off company drivers who never look at the prices on the pumps

[craig]

it's not only company drivers. i work with several lease truckers who pull right in & pump the fuel because they like the fuel stop or maybe the hang out. go figure. i watch every d**n penny at the pumps. i look at gas buddy before trips and even plan trips in advance in direction i can purchase fuel at the best price when passin through. my truck is an old school cummins 400 which averages six plus miles per gallon every trip maximum at weight. lighter loads it will do on the high side of six like six point seven mpg or better. i drive sixty three,four max. low maintenance , cheap engine to get parts for. couldn't ask for any better. most the drivers i work with are lucky to have mechanical skills to change fuel filters. i just don't know how they survive at all today?