Freight Manager
Fuel Surcharge Update for the week of 1/20/2010 to 1/26/2010
Dept of Energy reports national average fuel price is $2.870
The www.fr8manager.com estimated fuel surcharge is $0.29 per mile or 18% of the line haul charge.
The complete chart of the Weekly Retail On-Highway Diesel Prices can be found at http://tonto.eia.doe.gov/oog/info/wohdp/diesel_detail_report_combined.asp
On January 11, 2010 the DOE (Department of Energy) announced it has awarded $115.7 million to 3 of the major heavy duty truck manufacturers, Cummins, Navistar, and Daimler Trucks of North America. The goal of the project is to develop a “Super Truck” that would improve fuel efficiency by at least 50%. It should also be noted that Volvo Trucks North America also submitted a proposal, however did not receive any funding from the DOE.
This idea to create a more fuel efficient truck for the class 8 market is not new, in fact about 3 years ago a certain large discount retailer mandated to all of it’s class 8 truck fleet manufactures that it would require all newly purchased tractors to have a 100% increase in fuel efficiency by 2010. This may have been a bit ambitious!
So the golden question is will the tax payers money be used to successfully research and develop new fuel efficient technologies, or will it be used to as a source of “bail out” fund for the three OEM’s lucky enough to receive funding? I guess that answer will be told in approximately 60 months.
Wednesday, January 20, 2010
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