This is important. Over the past ten years or so, high diesel fuel prices have been a big factor resulting in the demise of many trucking companies. After all, trucking companies are asset heavy with huge capital expenditures.
So, capital outlays plus high diesel fuel costs have taken their toll.
But diesel prices have dropped. What does this mean other than just being able to run the business less costly?
Let's say that the average price per gallon of diesel fuel has dropped $1 over the past several years. For a truck driving 120,000 miles and averaging 6.5 mpg, that's a savings of $18,462. This is significant.
So, lower fuel prices can actually help you "make it" as a trucker and if you want to get another good kick, consider becoming a freight broker and cut out the middle man. This move can also save you tens of thousands of dollars a year. Lower fuel cost, becoming a broker - a winning combination.
Go here to learn more about how to become a freight broker: www.atexfbt.com
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