Fuel cost in trucking industry plays an important role in the expense column of the accounting statements. The revenues of trucking companies are high susceptible to variation in fuel prices. Peregrine Trucking Co. is paying around 50% of surcharge in a normal TL freight bill. Upon taking the chair of presidency, President Obama put the requirement of meeting pollution standards on all vehicles including heavy duty buses and trucks. There was no policy regarding fuel economy of such vehicles including carbon pollution caused by increased usage of fuel in the low fuel efficiency vehicles .
Peregrine Trucking Co. is a
Continue reading...