I just watched a statement, to the Service Transportation Board, given by Chamic Konar (not sure if I spelled that correctly) he is the CEO for Pilot Flying J. If you do not know who they are they are a chain of truck stops and gas station across the US. According to him they operate the largest network of "Travel Center" ( truck stops) in the US. They account approximately 20% of the nations diesel supply in the country. They were recently notified, by Union Pacific the rail company that ships their fuel, that they were required to reduce shipments by 26% and then after that they were notified they were required to reduce them by 50% or face embargoes.
This mandate will cause shortages likely sideline trucks and reduce trucking capacity. This will reduce trucking capacity by 5 million miles. Diesel is running 10 to 15% below what it has in the last 5 years at it lowest point.
This mandate will cause shortages likely sideline trucks and reduce trucking capacity. This will reduce trucking capacity by 5 million miles. Diesel is running 10 to 15% below what it has in the last 5 years at it lowest point.
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