Transportation Industry Update:
Freight continues to be a large factor in feed ingredient cost. Currently, freight costs are low. Low margins have caused several large trucking companies to go out of business this year. Recent articles tell of stranded truckers unable to use company gas cards to drive home. With hurricane season in full force this week, the seemingly annual fall trucking availability concerns are starting.
The article below brings up the concern that electric vehicles use roads but pay no road improvement or maintenance tax like petroleum users do.