north-american-surface-transportation

CH Robinson Waives Fuel Fees for Truckers

C.H. Robinson said it will waive fees on fuel cards and fuel-related cash advances for contract carriers in April and May as diesel prices rise with the latest Middle East conflict. Fuel is the largest operating cost for trucking companies, typically about 20 percent to 28 percent of total expenses, said Michael Castagnetto, president of North American Surface Transportation. He said the pressure is acute for owner-operators, who make up nearly ... [+]